Daily Sabah: US ready to abandon Saudi oil


Saudi Arabia may have won a short and ruthless oil price war with Russia, but the cost of such a victory for the kingdom is unclear, the Turkish newspaper Daily Sabah writes. America is ready to turn away from the main Arabian commodity.


Yes, the collapse in the market ultimately brought Russia and other black gold producers back to the negotiating table, leading to a historic deal to cut production by almost 10 million barrels per day. But oil prices continue to fall.

And American lawmakers are increasingly blaming what is happening on Saudi Arabia, as the collapse of quotes threatens to push American hydrocarbon producers to bankruptcy.

[...] We cannot allow Saudi Arabia to flood the market, especially given the lack of storage facilities. Now the largest number of Saudi oil tankers in recent years is on the way to our shores. Given today's newsI urge President Trump to prevent their unloading in the United States

- said US Senator Kevin Kramer.

Another US senator, James Inhof, went further, demanding the introduction of tariffs on Saudi oil.

Riyadh may feel satisfied that he ultimately indicated Moscow in its place, writes Daily Sabah. But the battle is not over yet, and the risks for Saudi Arabia remain high, including in political sphere.
Photos used: https://pixabay.com/r
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  1. 123 Offline
    123 (123) April 22 2020 18: 01
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    Riyadh may feel satisfied that he ultimately indicated Moscow in its place.

    How many people want to point Russia to its place, their life does not teach anything. request
    1. Natan bruk Offline
      Natan bruk (Natan Bruk) April 23 2020 00: 05
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      So already indicated. They didn’t want to reduce by the initially announced figure - as a result, they had to reduce it by three times more. In the West, your “managers” would not be allowed to control anything solid for a cannon shot.
      1. 123 Offline
        123 (123) April 23 2020 00: 09
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        Do you want me to show you the place? repeat
        1. Natan bruk Offline
          Natan bruk (Natan Bruk) April 23 2020 22: 08
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          Clear. In essence, there is nothing to answer - they switched to individuals. Well so quickly merged ...
      2. Alexander Semenov (Alexander Semenov) April 23 2020 17: 56
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        And the "managers" thought they were the smartest, and around fools ... it turned out that for every sly one there would be a bolt with an inch thread.
        1. 123 Offline
          123 (123) April 23 2020 22: 30
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          It’s impossible to talk to you in essence; you don’t perceive reality. There is no desire to discuss your nonsense. no
  2. steelmaker Offline
    steelmaker April 22 2020 18: 28
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    Saudi Arabia buys weapons from the United States for $ 100 billion, and US senators require tariffs, albeit not sanctions. Prior to this, even Solovyov and Kiselyov did not think of it. Putin will appreciate such frivolity if he reads!