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White House responds to Saudi energy minister’s warning about the “pain” of using emergency oil reserves

Dubai, United Arab Emirates (CNN) – The White House has responded to statements by Saudi Energy Minister Prince Abdulaziz bin Salman, in which he said resorting to the sale of oil reserves could be “painful”, as John Kirby indicated that he did not know if this statement means that the Kingdom is planning a new reduction in oil production.

And the Saudi Minister of Energy said during his participation in the “Future Investments” initiative on Americans: “They have started to run out of their emergency stocks and have used the matter to manipulate market prices.”

Prince Abdulaziz bin Salman continued: “Although the purpose of their existence (oil reserves) is to counter any supply shortages, so let it be, each party has their own decision on this, but it is my duty to clarify to the world that the loss of emergency oil stocks may become painful in the months to come ”.

The White House External Communications Coordinator was asked if the Saudi Energy Minister was alluding with this statement to a further cut in production that Saudi Arabia plans in the future.

Kirby replied, “I’m telling them Jackie, I’m not aware of their future decisions, what we suggested is that they don’t make a decision now and wait until the next meeting scheduled for early next month, so we’ll see.” what they do, “he said.

On Wednesday, the White House expressed its anger at the declarations of the Saudi Minister of Energy, according to which his country has decided to deal with “maturity” in relation to the tense relations between the Kingdom and the United States, after the dispute over the decision. OPEC Plus group to reduce oil production by two million barrels a day, noting that the relationship with Saudi Arabia “is not a romance in high school,” he said.

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