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The Independent UK
The Independent UK
National
Via AP news wire

Pariahs no more? US reaches out to oil states as prices rise

Copyright 2022 The Associated Press. All rights reserved

Three checkered oil regimes that President Joe Biden and past U.S. leaders have spectacularly snubbed — Venezuela, Saudi Arabia and Iran — are now targets of U.S. outreach as global fuel prices reach jarring levels during the Ukraine crisis.

But it’s not clear any U.S. diplomacy could get more crude oil on the market fast enough to help the current supply crunch or tear once-shunned oil states away from what — for Saudi Arabia in particular — are profitable alliances with Russia.

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