Biden pledges “consequences” for Saudi Arabia over oil production cuts

US President Joe Biden has promised that there will be “consequences” for Saudi Arabia for the decision of the Organization of Petroleum Exporting Countries (OPEC) and its allies, led by Russia, to reduce and adjust downward the production of crude oil.

Thus, the tenant of the White House has warned that this shows a clear “rupture” in the relationship between the parties, forcing Washington to “review” the situation after accusing Riyadh of aligning with Moscow in the context of the energy consequences arising from the Russian invasion of Ukraine.

In this regard, he has pointed out that the US government will assess the possibility of taking retaliatory measures against Saudi Arabia after Democratic congressmen suggested so.

“There will be some consequences for what they have done with Russia,” Biden said in an interview with CNN, although he did not specify what measures could be involved. “It’s on my mind,” he said.

Biden’s remarks come after OPEC announced last week that it would cut oil production by 2 million barrels a day, a move that has drawn criticism from senior White House officials and members of the U.S. Congress.

The announcement of the OPEC production adjustment has pushed up the price of a barrel of oil, which in its Brent variety, the reference for Europe, climbed to 93.35 dollars, up 1.69 percent, its highest level since September 21.