“Show me” the hostile act, Saudi energy minister says in response to claim OPEC weaponized energy
OPEC leaders on Wednesday rejected insinuations that they were weaponizing energy, as Washington accused the organization of “siding with Russia.” The OPEC+ group announced it would be cutting production starting in November, in order to deal with the uncertainty on the global market.
“Are you using energy as a weapon?” Hadley Gamble of CNBC asked the energy minister of Saudi Arabia, Prince Abdulaziz bin Salman at a press conference in Vienna on Wednesday.
“A very provocative question… which I take pleasure in answering, Hadley,” Prince Abdulaziz replied.
Show me where is the act of belligerence. Period.
While various media outlets speculated that OPEC might curb output by 500,000 to a million barrels per day, the organization announced the cut would amount to two million barrels per day, the equivalent of 2% of global demand. It is the…
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