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On October 11, local time, according to a number of foreign media reports, because it failed to prevent "OPEC+" oil production cuts, US officials said that they were reassessing relations
with Saudi Arabia.
On October 5, local time, the "OPEC+" ministerial meeting composed of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil producers decided that since November, "OPEC+" will cut crude oil production to 2 million barrels per day, which is the largest production reduction plan
of "OPEC+" since 2020.
After learning of the OPEC+ decision, US President Joe Biden bluntly said that he was "disappointed" and said in an interview with the media a few days later on October 11 that Saudi Arabia would face "consequences"
.
Until then, Biden and his administration officials had been lobbying the governments of major oil-producing countries not to cut oil production, but ultimately failed
.
On the same day, John Kirby, spokesman for the US National Security Council, said that Saudi Arabia played a key role in promoting the oil production reduction plan, and Biden is reassessing the relationship between
the United States and Saudi Arabia.
Kirby also said market conditions did not support OPEC+ members' production cuts, calling his decision "short-sighted.
"
Saudi officials dismissed the U.
S.
accusations, saying that the decision to cut oil production was indeed prompted by market conditions, not against the United States
.
"The idea that Saudi Arabia decided to cut production in order to hurt the United States or to participate in politics in any way is completely wrong
.
" Saudi Foreign Secretary Adel Jubail told Fox News
.
At a time of tension between the two countries, the United States is about to usher in midterm elections
.
U.
S.
voters are very concerned about inflation, including soaring oil prices
.
Whether inflation can fall back has become one of
the issues on which Biden is a Democratic Party to increase his chances of winning the midterm elections.
According to the Washington Post and other US media reports, the "OPEC+" decision may push up oil prices, but also may push up natural gas prices, endangering the Democratic Party election
.
