Monday, March 14, 2022

White House faces oil standoff with Saudi Arabia and UAE as prices soar

However, the standoff involves far more than oil. In Riyadh, Prince Mohammed feels snubbed by Biden’s refusal to engage with him ever since he took office. The murder of the Saudi dissident Jamal Khashoggi by the crown prince’s security aides, the war on Yemen, the jailing of rights activists and the boycott of Qatar have made him a pariah to the administration.
Sir John Jenkins, a former British ambassador to Riyadh and a senior fellow at the UK thinktank Policy Exchange, said ties that had been growing between Riyadh and Moscow, particularly since Biden sidelined Prince Mohammed, would probably need to be recalibrated if a reset was to take place.

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