Biden sent 2 officials to Saudi Arabia to ask the kingdom to produce more oil, fearing a Russian attack would send energy prices soaring – By Bill Bostock (Business Insider) / February 17, 2022
- The White House sent two US officials to Saudi Arabia on Wednesday to discuss boosting oil production.
- Biden had warned that war between Russia and Ukraine will impact US energy prices.
- The Saudis are reticent to boost production as it may anger its fellow OPEC+ member Russia, CNN reported.
The White House said on Wednesday that it dispatched two officials to Saudi Arabia to discuss boosting oil production, as tensions between Russia and Ukraine rise and threaten energy prices.
President Joe Biden warned on Tuesday that a war between Russia and Ukraine would likely “impact on our energy prices” and that the US was “taking active steps to alleviate the pressure on our own energy markets.”
On Wednesday, Brett McGurk, the Middle East coordinator on the National Security Council, and Amos Hochstein, the State Department’s energy envoy, met with Saudi officials in Riyadh to discuss oil supplies, CNN reported.
