Saudi Arabia just announced another massive cut to oil production, and it’s President Biden’s fault. In November of 2019, during one of the presidential debates, Biden said that he would make the Saudis “pay the price” for the murder of Washington Post journalist Jamal Khashoggi: “I would make it very clear we were not going to in fact sell more weapons to them,” Biden said. “We were going to in fact make them pay the price, and make them in fact the pariah that they are.” Since this moment, America has paid the price. If we don’t change course, we may never come back from it.
#breakingnews #saudiarabia #oilproduction #economics #uncertainty #energy #petroleum #crudeoil #globalmarkets #OPEC #energynews #oilprices #economicinstability #marketcrash #energysector #fossilfuels #oilindustry #oilandgas #energyfinance #energysecurity #biden #joebiden #jordansekulow #aclj #jaysekulow #sekulow #news #worldnews #saudi #supplyanddemand #saudi #oil #oilrefinery
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