The modern world cannot survive and thrive without a productive petroleum industry

America and Saudi Arabia are locked in a bitter battle over oil. The stakes are massive

Coletta Hodges  (Oct 31, 2022 03:25 pm)

The relationship between the United States and Saudi Arabia is one of the most important on the planet. And lately, it’s also been one of the most awkward.

Angry officials in Washington vowed “consequences” after Saudi-led OPEC sharply cut oil production earlier this month, driving up pump prices just weeks before the midterm elections.

US lawmakers are threatening steps that were unthinkable not long ago, including banning weapons sales to Saudi Arabia and unleashing the Justice Department to file a lawsuit against the country and other OPEC members for collusion.

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