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Saudi defends oil policy in face of US charges – World

Press Room by Press Room
October 17, 2022
in Finance
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RIYADH: Saudi Arabia has rejected US accusations of aligning itself with Russia amid the Ukraine war by making oil production cuts to drive up crude prices, insisting it was purely a business decision.

“We are astonished by the accusations that the kingdom is standing with Russia in its war with Ukraine,” the Saudi defence minister, Prince Khaled bin Salman, tweeted late Sunday.

The Saudi-led OPEC+ cartel – which includes Russia –…



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