You are currently viewing Saudi’s rejected Biden’s oil quid pro quo to delay production cuts | John Bachman Now

Saudi’s rejected Biden’s oil quid pro quo to delay production cuts | John Bachman Now

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President Biden is caught in what some say appears to be a politically motivated quid pro quo after he threatened to hold up arms deals to Saudi Arabia for a year to pressure OPEC to delay oil production cuts until after the US midterm elections where high gas prices are a leading issue.

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