Saudi Arabia has agreed to keep increasing monthly crude oil production following a charm offensive by Biden administration officials that included an effort to reframe the relationship between the two countries.
The decision by Saudi Arabia, Opec’s de facto leader, comes after a high-level US delegation held meetings in the kingdom this week, said officials briefed on the talks.
The outreach signals a shift in Washington’s approach to relations with the kingdom, with a focus on economics and energy. The Biden administration’s move to court Riyadh comes as the price of petrol at American fuel pumps has soared.
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