Biden demands that Gulf leaders increase oil production

Biden demands that Gulf leaders increase oil production

Biden demands that Gulf leaders increase oil production

Most Gulf bourses track higher oil and global equities (credits:google)

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  • US Vice President Joe Biden has asked all Gulf governments to increase oil production.
  •  He has not singled out Saudi Arabia for increased production.
  •  Biden will not be traveling to Saudi Arabia next month to request an increase in oil production, he stated on a visit to the Middle East.
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Joe Biden The US president stated that he has requested all Gulf governments to increase oil production, but has not singled out Saudi Arabia.

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Biden stated on Thursday in Madrid, “I told them I thought they should increase oil output in general, not just for the Saudis.” “I hope we can convince them that this is in their best interest.”

Biden stated that he will not be traveling to Saudi Arabia next month to request an increase in oil production.

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However, he stated that he viewed the trip to the Middle East as an opportunity to further Israel’s integration into the region, urge for a truce in Yemen, and to strengthen ties with the Gulf states in general.

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