News / Spotlight

OPEC+ oil output cut

Thursday, 06 October 2022 8:56 PM [ Last Update: Thursday, 06 October 2022 9:52 PM ]

OPEC-Plus oil-producing countries have agreed to steep cuts in oil production. This was viewed as defying the Biden administration to avert cuts. Does this mean that the fall-out between Saudi Arabia and the US has deepened?

In this edition of the Spotlight, we will look at why the Saudi-US relationship has hit another rock-bottom, so bad that the US has said Saudi Arabia is now aligned with Russia.

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