Robert Menendez also declared Monday that he would no longer green-light any U.S. cooperation with Saudi Arabia, including arms sales. Menendez, the chair of the Senate Foreign Relations Committee is calling for freezing all U.S.
Robert Menendez, D-N.J., at a hearing May 10, 2022, on Capitol Hill in Washington. Menendez’s announcement Monday places him among a growing number of Democrats who, since the announcement by OPEC nations and Russia, have called for stopping what are billions of dollars in annual U.S. The production cut also hurts U.S.-led efforts to make the war financially unsustainable for Russia, threatens a global economy already destabilized by the Ukraine conflict, and risks saddling President Joe Biden and Democrats with rising gasoline prices just ahead of U.S. The Saudi- and Russian-led cuts help prop up high oil prices that are allowing President Vladimir Putin to keep paying for his eight-month invasion of Ukraine. His statement comes four days after Saudi Arabia and Russia led OPEC nations in announcing a 2 million barrel a day cut in oil production. strategic partnership with the oil kingdom - beyond the minimum necessary to defend Americans and American interests.Īs committee chairman, Menendez, a New Jersey Democrat, vowed he “will not green-light any cooperation with Riyadh until the Kingdom reassesses its position with respect to the war in Ukraine. In a statement, Menendez specifically called for cutting off all arms sales and security cooperation - one of the underpinnings of the more than 70-year U.S. anger over Saudi oil-production cuts that serve to boost Russia in its war in Ukraine. cooperation with Saudi Arabia, delivering one of the strongest expressions yet of U.S. WASHINGTON (AP) - Senate Foreign Relations Committee Chairman Robert Menendez called Monday for freezing all U.S.
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