OPEC+’s decision to cut oil production has shown that many countries are ready to retaliate against the United States. Bloomberg reports it.
“The oil situation is showing a broader shift. Countries are quick to retaliate or question US influence, even if it is against their immediate economic interests,” reports Bloomberg.
OPEC+’s decision to cut oil production has shown that Saudi Arabia and Russia are at the head of the organization. China and Turkey have also come out to defend this idea, even if it is against their interests, since they are oil importers, reporters say.
OPEC+ countries have decided in recent months cut oil production 2 million barrels a day. United States of America contrary and said that OPEC + is on the side of Russia. Then the White House announced that it would review relations with Saudi Arabia.View».
OPEC+’s decision to cut oil production has shown that many countries are ready to retaliate against the United States. Bloomberg reports it. “The oil situation is showing a broader shift. Countries are ready to retaliate or question US influence, even if it is against their immediate economic interests,” reports Bloomberg. OPEC+’s decision to cut oil production has shown that Saudi Arabia and Russia are at the head of the organization. China and Turkey have also come out to defend the idea, although this is against their interests, since they are oil importers, reporters say. Last month, OPEC+ countries agreed to cut oil production by 2 million bpd. US opposed and said OPEC+ is on Russia’s side. Then White House announced it would reconsider relations with Saudi Saudi, reports the business publication Vzglyad.