Saudi Arabia: OPEC+ decision to cut oil production was not political

Saudi Foreign Minister Faisal bin Farhan said that the decision to reduce oil production quotas by 2 million barrels per day, which caused dissatisfaction with the United States, was exclusively economic, not political. 

«The OPEC+ decision was purely economic and was adopted unanimously by the member states of the organization. This was not a political step, and OPEC+ members acted responsibly,» the minister said.

After the announcement of the results of the OPEC+ meeting, Washington was extremely dissatisfied with the results of the ministerial meeting. US President Joe Biden even announced his readiness to review US relations with Saudi Arabia after the OPEC+ decision.

Saudi Arabia itself believes that relations with the United States are of a strategic nature and are aimed at maintaining security and stability in the Middle East. In addition, military cooperation between Riyadh and Washington meets the interests of both countries, bin Farhan noted.