High stakes for oil markets, Mideast security as Biden heads to Saudi Arabia
July 7, 2022 Comments Off
While the recent oil price crash has taken some immediate pressure off US President Joe Biden’s July 15-16 trip to Saudi Arabia, the talks still hold big stakes for oil market stability, the future of the OPEC+ alliance, longer-term supply and regional security risks. Both sides are likely to want to mend relations that have been strained by Biden’s campaign…
High stakes for oil markets, Mideast security as Biden heads to Saudi Arabia
While the recent oil price crash has taken some immediate pressure off US President Joe Biden’s July 15-16 trip to Saudi Arabia, the talks still hold big stakes for oil market stability, the future of the OPEC+ alliance, longer-term supply and regional security risks. Both sides are likely to want to mend relations that have been strained by Biden’s campaign…
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