Saudi Arabia and the UAE have ‘declined calls with Biden’ due to concerns about an increase in oil Prices

 

By Derrick Bangura

In recent weeks, the de-facto leaders of Saudi Arabia and the United Arab Emirates have declined calls with US President Joe Biden as the US and its allies have sought to contain an increase in energy prices caused by Russia’s invasion of Ukraine.

 

According to the Wall Street Journal, citing the Middle East and US officials, both Saudi Crown Prince Mohammed bin Salman and UAE’s Sheikh Mohammed bin Zayed al Nahyan have refused to meet with Biden after US requests for talks were made. “There was some expectation of a phone call, but it didn’t happen,” a US official was quoted as saying by the Guardian newspaper in London. “It was part of turning on the spigot [of Saudi oil].” Last week, OPEC+, which includes Russia, declined to increase oil production despite western entreaties. But reports of frigid communications with Saudi Arabia come as the Biden administration seeks to increase oil supply after formally banning Russian oil imports on Tuesday, pushing oil prices to $130 a barrel, the highest level in 14 years. However, the US has for the first time in years opened up diplomatic channels with Venezuela, a Russian ally and which has the world’s largest oil reserves. Venezuela has now released at least two Americans from jail in an apparent goodwill gesture toward the Biden administration in a possible prelude to increasing production to ease the price surge. Relations between the US and Saudi Arabia have chilled during the Biden administration over American policy in the Gulf region. Issues include the revival of the Iran nuclear deal; lack of US support for Saudi intervention in Yemen’s civil war and its refusal to add Houthis to its list of terrorist groups; US help with a Saudi civilian nuclear program; and legal immunity for Prince Mohammed, who is facing lawsuits over the murder of Saudi journalist Jamal Khashoggi by a Saudi hit-team in its Istanbul consulate four years ago. During Biden’s election campaign he had vowed to treat the kingdom as a “pariah” state, saying there is “very little social redeeming value in the present government in Saudi Arabia.” Earlier this week, White House spokesperson Jen Psaki said there were no plans for the Biden and Prince Mohammed to talk soon, and no plans for the president to travel to Riyadh. Yousef Al Otaiba, the UAE ambassador to the US, confirmed strained relations between the two countries. “Today, we’re going through a stress test, but I am confident that we will get out of it and get to a better place,” Al Otaiba predicted. The two Gulf nations are regarded as the only global suppliers with capacity to pump more oil to ease the price surge. Senior US officials with the national security council and state department had reported travelled to Riyadh and Abu Dhabi in recent weeks to make direct US representations.

AccessmagazineAccessnewsAccessNewsMagazinebusinessnewsNewsUpdatenigeriaOilandGassecurityUS
Comments (0)
Add Comment