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Saudi Arabia cuts ties with the U.S. for economic independence.
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Saudi Arabia cuts ties with the U.S. for economic independence.
It seems like a whole of countries are cutting ties with the U.S. for some reason. 1.6 million barrels of oil a day? That's an insane amount of oil coming out of that country.In a surprising move, Saudi Arabia and the OPEC+ group of producers have announced a cut in oil production of approximately 1.6 million barrels per day. While the move is aimed at achieving market stability, according to a recent report from the Financial Times, Saudi Arabia is attempting to adopt an economic strategy that is … Saudi Arabia cuts ties with the U.S. for economic independence Read More »
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