Revealing the Dimensions of Saudi’s Heavy Oil Blow to America
Biden’s Middle Eastern trip and his visit to Saudi Arabia return to American headlines every time the price of oil rises by even 10 cents. The media recalls it, especially after Bin Salman’s alliance with Putin and the destructive changes in the oil market. Many experts depict Biden’s trip to Saudi Arabia as one of the most unsuccessful political plans of his presidency.
Now, the New York Times has published a report that unveils the hidden aspects of this trip. While the White House has tried and continues to present that trip as much more than a visit to influence and reduce oil prices, and Biden has repeatedly mentioned this, it has now become clear that Biden’s two main foreign policy figures in the Middle East convinced him to travel to Saudi Arabia. Before the trip and in the spring of 2022, they received a promise from the Saudis to increase production. Until the eve of Biden’s trip, Saudi Arabia fulfilled a significant part of its commitments to these two prominent politicians.
In late September, whispers of a joint Saudi-Russian program were heard. Meanwhile, those two powerful American foreign policy figures, under oath in Congress, had detailed the special program they had implemented and the commitments they had obtained from the Saudis to increase oil production to the representatives.
This heavy Saudi blow to the oil market and American interests is the beginning of a new trend. Everyone is waiting for the end of 2022 and the implementation of the program to almost completely cut international oil purchases from the Russians. The start of that program signifies the groundwork for a significant price increase in the energy market, and that is where Saudi Arabia will play a role again.