Saudi Arabia defended its decision to lower oil production and said its relationship with the US was strong enough to survive the fallout.
“We have had a disagreement with regards to the oil market,” Adel Al-Jubeir, the kingdom’s minister of state for foreign affairs and main climate envoy, said in an interview with Bloomberg TV. “We have our position and we believe our position is correct. Some in the U.S. take a different approach, but we’ll be able to overcome this.”
The White House criticized Saudi Arabia after it orchestrated an OPEC+ move last month to cut 2 million barrels a day of oil output. The U.S. said it came at the “worst possible moment” for the global economy given inflationary pressures. President Joe Biden pledged to reassess US military support for the kingdom.
