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Biden administration angered by Opec+ oil output cut

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The Biden administration and its supporters have reacted angrily to the Opec+ decision to cut oil production, seeing it as a rebuff to the US president’s efforts to improve relations with Saudi Arabia.
The White House made clear that it viewed the decision by the oil production cartel, in which the plus sign represents the inclusion of Russia, to reduce daily production by 2m barrels, as a geopolitical move, and a slight to Biden who is seeking to cut Russian revenues and keep the petrol price down before November’s congressional elections.
He angered his supporters by visiting Jeddah in July where he was pictured greeting Crown Prince Mohammed bin Salman with a fist bump, in the hope of increased production and lower oil prices, despite US intelligence findings that the kingdom’s de facto ruler was behind the 2018 murder of the Saudi dissident and columnist Jamal Khashoggi.
White House spokesperson Karin Jean-Pierre said: “It’s clear that Opec+ is aligning with Russia with today’s announcement.”
A statement from the national security adviser, Jake Sullivan, and the director of the National Economic Council, Brian Deese, said the president was “disappointed by the shortsighted decision … while the global economy is dealing with the continued negative impact of Putin’s invasion of Ukraine”.
“I think it is a mistake on their part. And I think it’s time for a wholesale re-revaluation of the US alliance with Saudi Arabia,” the Democratic senator Chris Murphy told CNBC.

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