OPEC Oil Cut | Saudi OPEC | Biden Vs MBS | USA Vs Saudi Arabia

US President Joe Biden has warned Saudi Arabia and OPEC plus of the consequences of their decision to cut oil production by 2 million barrels per day to increase the falling oil prices in the international market. The move was observed by the USA as help to Russia during the Russia-Ukraine war. Even after several requests from Joe Biden to Saudi Arabia and Prime Minister Mohammed bin Salman Al Saud (MBS), OPEC plus led by Saudi Arabia decided to cut the oil production known as the OPEC oil cut. This will have impacts on US inflation as well. This video explains the reasons behind the decision to oil cut by OPEC, the reasons behind President Biden's warning to Saudi Arabia and the probable consequences from the US against Saudi Arabia.

#opec #saudiarabia #alexplain

alexplain is a Malayalam channel where must-know things around the world are explained in the simplest way possible. The videos cover topics like things to know about India, recent current affairs, explanations on politics, economics, history, science, and technology, etc. The videos in this channel will help you gain knowledge of different things around us.

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