Saudi Arabia and Russia announced on Tuesday (5/9/2023) that they would extend voluntary oil cuts to the end of the year, amid U.S. discomfort.
Tactical Report highlights this matter, including:
- Washington’s view on the impact of Riyadh’s decision on the Saudi-Israeli normalization of ties talks, nuclear cooperation, and security agreement
- President Biden’s view on the use of the Strategic Petroleum Reserve (SPR)
- Sullivan’s advice to Biden concerning a potential meeting with MBS in the upcoming G20 summit