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White House announces OPEC+ alliance with Russia

Washington commented on today’s decision of the countries participating in the agreement OPEC+ to reduce oil production by two million barrels per day.

According to White House Press Secretary Karine Jean-Pierre, “it is clear that OPEC + sided with Russia after today’s statement“, according to RIA Novosti.

Karine Jean-Pierre, this decision was made at a time when “the world economy is reacting” to Russia’s special operation in Ukraine. Therefore, according to her, the OPEC + decision will have an impact on low- and middle-income countries.

The White House press secretary evaded a direct answer to the question of whether Saudi Arabia is a reliable partner of the USA in connection with this OPEC+ decision.

It is obvious that the US authorities reacted to the OPEC + decision with ill-concealed irritation. Earlier, CNN reported that American officials tried to persuade Kuwait, Saudi Arabia, the United Arab Emirates not support the reduction in oil production. However, these persuasion were unsuccessful.

For the Joe Biden administration, what is happening is also important in terms of the congressional elections that will be held in November. The full composition of the House of Representatives and a third of the Senate will be elected. And rising gas station prices are not what will help the Democratic Party win the election. Given that the level of support for Joe Biden himself is at a fairly low level.

Another point worth paying attention to is the phrase of the White House press secretary on the impact of the current OPEC+ decision on low- and middle-income countries. That is, she simply confirmed that rich countries will simply buy up oil, even at inflated prices. That is, approximately the same as what is happening in the gas market now.

We also note that the statement that OPEC + sided with Russia is more likely evidence of US irritation. Since it is not Russia alone who insisted on reducing oil production. This would hardly have been possible if the other countries included in the agreement did not agree with this idea. And OPEC +, we recall, includes 23 states.

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