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The Independent UK
The Independent UK
National
Gino Spocchia

Joe Biden warns of ‘consequences’ for Opec as it sides with Russia even as Saudi Arabia attempts de-escalation

VIA REUTERS

Joe Biden has warned of “consequences” for Saudi Arabia after the Opec+ group announced a cut to oil production, in line with Moscow’s wishes.

The 13-member Opec+ – a larger version of the organisation to include non-OPEC members that was formed in 2016 – said last week that it would cut its oil production by 2 million barrels per day in November, sending prices soaring ahead of winter.

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