Saudi Arabia Keeps Lid on Oil Output as US Gas Prices Rise
Share
Saudi Arabia is signaling it isn’t willing to pump more oil and won’t push for changes to an agreement with Russia and other producers that has kept a lid on oil production levels.
This has Washington concerned as gasoline prices rise and tensions with Russia over Ukraine fuel market uncertainty.
Higher prices at the pump pose a threat to Democrats at the polls in upcoming midterm elections. Biden has warned that gas prices could rise even higher if Russian President Vladimir Putin invades Ukraine.
Read More at ABC News
RELATED TOPICS:
Categories
Latest
Videos
1 hour ago
The 10-Year-Old Who Can Deadlift 180 Pounds
U.S. /
3 hours ago
Trump Formally Nominates Blanche to Be Attorney General
Crime /
4 hours ago





