Saudi Minister of Energy Prince Abdulaziz bin Salman al-Saud at the Future Sustainability Summit at Abu Dhabi National Exhibition Centre, January 14, 2020. © AFP / Karim Sahib
The Cradle: Saudi Arabia will cut oil supply of nations that impose price cap: Energy Minister
The Saudi official also criticized efforts by US lawmakers to pass the NOPEC bill, which would allow sovereign states to be sued in federal court
Saudi Energy Minister Prince Abdulaziz bin Salman on 14 March said that Riyadh will stop selling oil to any country that imposes a price cap on its supplies.
“If a price cap were to be imposed on Saudi oil exports, we will not sell oil to any country that imposes a price cap on our supply, and we will reduce oil production, and I would not be surprised if others do the same,” the senior Saudi official said in an interview published by Energy Intelligence.
Bin Salman stressed that price caps – whether imposed on a country or a group of countries – would lead to “individual or collective counter-responses with intolerable consequences in the form of massive volatility and instability.”
Read more ....
Update #1: Saudi Arabia’s Energy Minister Slams NOPEC Bill And Price Caps (OilPrice.com)
Update #2: Saudi Arabia threatens oil embargo (RT)
WNU Editor: After since this agreement .... Iran And Saudi Arabia Agree To Restore Diplomatic Relations After Secret Chinese Mediation Efforts (March 10, 2023), I have noticed the Saudis acting very independently against the West.
6 comments:
Mad Max will steel your oil soon
They have been acting independently for a while now, just before and after that reporter killing.
The so called reporter wrote agitprop for the Saudi government and was best friends with Obama bin Laden. He decides to break with the government and write agitprop for the Left in America. What do you think would happen?
The Saudis are more honest. they killed him.
In the West they take you to court and imprison you. You lose your job and become a pauper. You fade away. Same goal as the Saudis. It is just longer and has more deniability. It also may be more effective in that many other people see it and therefore fear it.
Biden said some harsh things about the Saudis in a 2019 Presidential debate;
"We were going to, in fact, make them pay the price, and make them, in fact, the pariah that they are."
Saudis have been moving away from us the day Biden got elected. What is ironic, Biden's energy policies have made the Saudis richer than they've ever been. Everything that aged clown has done has blown up on us.
why did Kushner get 2 billion from the Saudis?
Before Giving Billions to Jared Kushner, Saudi Investment Fund Had Big Doubts
^^ I do not know and you do not know either.
It was invested after election day, when Trump had no power. So go fish.
Post a Comment