Saudi Arabia increased America’s troubles, after 38 years such a decision had to be taken, Biden worried

Washington. America’s troubles are increasing due to the decision of the Organization of Oil Exporting Countries (OPEC Plus) to cut oil production. Saudi Arabia dominates OPEC Plus, but Saudi Arabia has dealt a big blow by ignoring America’s demand to increase oil production. At the same time, US President Joe Biden has decided to remove 15 million barrels of oil from the US Strategic Reserve. In fact, since the decision of OPEC Plus, Biden was concerned that rising oil prices could affect the mid-term elections.

Before the mid-term elections, this decision of Biden is being considered very important. On the decision to withdraw 15 million barrels of oil from the US Strategic Reserve, President Joe Biden said that this decision will maintain stability in the US market and fall in oil prices, at a time when other countries are causing its instability. . Let us tell you that with this decision of Biden, for the first time since 1984, the US Strategic Reserve will be at its lowest level for the first time. Only 400 million barrels of oil will be left in US reserves.

However, it is feared that in view of the winter season, US President Joe Biden may announce the removal of oil from the US Reserve. In fact, recently the US had expressed strong displeasure when OPEC Plus decided to cut oil production by two million barrels per day. In a scathing attack on Saudi Arabia, the main country of the organization, the US said that the consequences of this decision will have to be faced. At the same time, the US also alleged that Saudi Arabia is helping Russia through this decision of OPEC Plus.

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Tags: America, Joe Biden