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US President Joe Biden fist-bumps Saudi Crown Prince Mohammed bin Salman upon
his arrival in Jeddah, Saudi Arabia, in July [Bandar Algaloud/Saudi Royal Court via
Reuters]
United States President Joe Biden has “no plans” to meet with
Saudi Crown Prince Mohammed bin Salman at next month’s G20
summit in Indonesia, a senior US official says, as tensions over the
OPEC+ decision to cut oil production continue to reverberate.
Relations between the US and Saudi Arabia are on thin ice over
the oil production cuts. Last week, the Riyadh-led OPEC cartel and
an additional group of 10 other oil producers headed by Russia
decided to reduce global output by up to two million barrels per
day from November.
The move is expected to lead to higher oil prices, which would help
Russia pay for its offensive in Ukraine.
Prince Khalid bin Salman said the decision by OPEC+ was taken
unanimously and for purely economic reasons. “It is telling that
these false accusations did not come from the Ukrainian
government,” King Salman’s son wrote on Twitter.
Russia praised OPEC+ for agreeing to cut oil production and fight
what it called the “mayhem” sown by the US in global energy
markets.
The move to cut oil production has been seen as a diplomatic slap
in the face after Biden’s trip to Saudi Arabia to meet with the
crown prince in July.
The US-Saudi feud bled into talks by G20 finance ministers and
central bankers in Washington, which closed on Thursday without
a joint communique. The group was already divided over the
conflict in Ukraine.