Friday, September 13, 2024

Saudi crown prince threatened ‘major’ economic pain on U.S. amid oil feud

Posted By Peter Coyne | 2023-06-09 06:41:03

Last fall, Biden vowed to impose “consequences” on Saudi Arabia for its decision to slash oil production amid high energy prices.

  • Privately, the Crown Prince Mohammed bin Salman threatened to fundamentally alter the decades-old U.S.-Saudi relationship and impose significant economic costs on the U.S.
  • Eight months later, Biden has yet to impose consequences on the Arab country and Mohammed has continued to engage with top U.S. officials.

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