![]() ![]() Through long decades, Saudi Arabia worked hard to keep costs down. Roosevelt aboard the USS Quincy in Great Bitter Lake, Egypt on February 14, 1945. King Abdul Aziz (center) meeting with President Franklin D. Roosevelt had met with King Abdul Aziz ibn Saud on Februaboard a US Navy destroyer in the Suez Canal, and laid a foundation for what was then called the ‘security-for-oil’, an unwritten pact that would ensure Washington’s access to Riyadh’s oil reserves. Since 1945, Saudi Arabia has played the role of oil compensator to the US. The move put pressure on consumer prices ahead of US midterm elections while boosting the revenues of Moscow, thus prompting Biden administration to publicly accuse the Saudi-led OPEC+ group of ‘aligning’ with Russia. One month before the US midterms, OPEC+, a cartel of top oil producers, decided to cut its oil production by as much as 2 million barrels per day starting in November. The 79-year-old president has been in the latest weeks trying to defend blue seats in midterm elections, in light of several challenges on top of which was the rise in oil prices. Joe Biden’s Democrats survived on Saturday a neck-and-neck race to the Senate. ![]() Saudi Arabia which has been for decades seen as the US’ protectorate in the Middle East, is ‘meddling’ in the internal affair of the US, which was once the number one country that throws its ‘curses’ here and there. ![]() Stop me if you heard this before: Saudi Arabia has been working, through OPEC+ decision to cut oil production last October, to get Donald Trump reelected and pave the way for the Republicans to win the midterms. ![]()
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