Economy Israel / Middle East Joe Biden Mohammed bin Salman National Security oil production OPEC Russia Saudi Arabia Ukraine

Saudi Energy Minister Threatens More Oil Cuts: 'We Always Remain Ready to Intervene'

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Nov 22, 2022

Saudi Energy Minister Threatens More Oil Cuts: 'We Always Remain Ready to Intervene'

Saudi Arabian Energy Minister Prince Abdulaziz bin Salman asserted Monday his country and other OPEC+ member nations “remain ready to intervene” and again cut oil production if they deem it necessary – a rebuke of a report in the Wall Street Journal claiming the oil cartel was preparing to increase supply.

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