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:
Big Lots Holds Going-Out-of-Business Sales After Deal to Save Company Fails
Business /
16 hours ago
The Latest: House Approves New Government Funding Bill
Politics /
17 hours ago
Rams’ Matthew Stafford and Jets’ Aaron Rodgers Collide in Matchup of Familiar Foes
LA Rams /
18 hours ago
‘Embarrassing’ Night for Stephen Curry in 51-Point Loss at Memphis
Warriors /
18 hours ago
Netflix Signs US Broadcast Deal With FIFA for the Women’s World Cup in 2027 and 2031
Sports /
18 hours ago
All Netflix Wants for Christmas Is No Streaming Problems for Its First NFL Games
Sports /
19 hours ago
This French Bulldog Is So Fetch: Meet Toaster Strudel
Toaster Strudel, a 3-to-4-year-old French bulldog, isn’t your average pup. This bundle of joy has a personality as vibrant as her name.
With...
Animals /
1 hour ago
Categories
Latest
Videos
Animals /
1 hour ago
This French Bulldog Is So Fetch: Meet Toaster Strudel
Economy /
4 hours ago
The Fed Expects to Cut Rates More Slowly in 2025. What That Could Mean for Mortgages, Debt and More
Business /
16 hours ago
Big Lots Holds Going-Out-of-Business Sales After Deal to Save Company Fails
Politics /
17 hours ago
The Latest: House Approves New Government Funding Bill
LA Rams /
18 hours ago
Rams’ Matthew Stafford and Jets’ Aaron Rodgers Collide in Matchup of Familiar Foes
Warriors /
18 hours ago