Pakistan backs Saudi Arabia over OPEC+ decision to cut oil production

ISLAMABAD – Pakistan has expressed solidarity with Saudi Arabia in the wake of statements made against the Kingdom after the Organization of the Petroleum Exporting Countries (OPEC) decisided to cut oil production.

In a statement, the Foreign Office said on Tuesday that Pakistan appreciated the concerns of Saudi Arabia for avoiding market volatility and ensuring global economic stability.

Reaffirming Pakistan’s long-standing, abiding and fraternal ties with the Kingdom, the Foreign Office said Pakistan encourages a constructive approach on such issues based on engagement and mutual respect.

The development comes nearly a week after US President Joe Biden warned Saudi Arabia of consequence as tension heightened following the OPEC+’s decision about reducing oil production,

Biden issued the warning on Tuesday, last week, a day after Democratic Senator Bob Menendez, chairman of the Senate Foreign Relations Committee, called for freezing all cooperation with the kingdom, including sale of arms

In an interview with CNN’s Jake Tapper, the US president said that he would not discuss what options he was considering.

“I’m not going to get into what I’d consider and what I have in mind. But there will be — there will be consequences,” Biden said.

White House press secretary Karine Jean-Pierre revealed that a review of policy about relations with Saudi Arabia will be conducted, however, she stayed away from giving a timeline for action

Reports said that the US had been lobbying to convince its partner to not cut the oil production as Biden is struggling to keep the prices unchanged ahead of midterm elections.

However, the US officials failed to bridge gap between Biden and Saudi Crown Prince Mohammad Bin salman as both are already at odds over the killing of a Saudi journalist Jamal Khashoggi.

A US official said that the Biden administration will not overlook the Iran as the US is major supplier of arms to Saudi Arabia.

King Salman appoints Crown Prince Mohammed bin Salman as PM of Saudi Arabia

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