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U.S. reviewing 'response options' on Saudi relations after OPEC+ cuts, Blinken says

Commodities Oct 06, 2022 09:15PM ET
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© Reuters. U.S. Secretary of State Antony Blinken speaks during the 52nd General Assembly of the Organization of American States (OAS) in Lima, Peru on October 6, 2022. Cris BOURONCLE/Pool via REUTERS

By Humeyra Pamuk

LIMA (Reuters) -The United States is reviewing various options regarding its relationship with Saudi Arabia after Riyadh and other OPEC+ nations agreed this week to large cuts in oil production, Secretary of State Antony Blinken said on Thursday.

"As for the relationship (with Riyadh) going forward, we're reviewing a number of response options. We're consulting closely with Congress," Blinken said at a news conference in Lima alongside his Peruvian counterpart.

Blinken did not specify what steps Washington was considering. Democratic President Joe Biden's administration has been mulling a response after the OPEC+ oil producers, which include Russia, agreed on Wednesday to slash production.

Democrats in the U.S. Congress called on Thursday to slash military sales to Saudi Arabia. Some lawmakers question Washington's security ties with Riyadh, angered by civilian deaths in Saudi-led military operations in Yemen as well as alleged human rights abuses.

Biden's administration worries that decreased oil output could push up the price of gasoline right before the Nov. 8 U.S. midterm elections, when Democrats will defend their control of both the House of Representatives and the Senate.

Biden has yet to announce what steps Washington might take in response to the cuts. Blinken said during the news conference in Peru that Washington would not do anything that infringes upon its interests.

"That's, first and foremost, what will guide us, and we will keep all of those interests in mind and consult closely with all the relevant stakeholders as we decide on any steps going forward," Blinken said.

U.S. reviewing 'response options' on Saudi relations after OPEC+ cuts, Blinken says
 

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Comments (6)
Babu Shankar
Babu Shankar Oct 09, 2022 3:50AM ET
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USA is capable to go 100% EV vehicles.. why worries on oil
Dee Mehta
DMFINANCE Oct 08, 2022 6:36PM ET
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Disaster foreign policy has lead to this situation.
Michael Mcdonough
Michael Mcdonough Oct 07, 2022 8:26AM ET
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Biden Comedy Show every day..
Peter Andersen
Peter Andersen Oct 07, 2022 8:26AM ET
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Don’t say you missing trump comedy show there world we be gone now
Stephen Fa
Stephen Fa Oct 07, 2022 8:26AM ET
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We're risking OPEC countries to move off the US Dollar for settlement
Cody Hawkins
Cody Hawkins Oct 07, 2022 7:43AM ET
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Need more oil, just print it? Oh wait, you cant do that with commodities. I don't like BRICS at all but I have to call a spade a spade, those leaders are gangsters. We desperately need a "gangster" in office. The guy we have now has a hard time putting together sentences, let alone foreign policy.
Murali Krishna
Murali Krishna Oct 06, 2022 10:06PM ET
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Biden administration should ask Saudi Arabia to hold output cuts until gullible Americans vote and then let Saudi Arabia cut oil output by as much as they want. Who cares about you after you vote.
Andrew Allen
Andrew Allen Oct 06, 2022 10:06PM ET
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why would Saudi help Biden get elected hahaha
Stephen Fa
Stephen Fa Oct 06, 2022 9:49PM ET
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The Biden administration is going to threaten the world order it relies on for energy and economic growth.
 
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