Wednesday, March 09, 2022 8:50:06 AM
Saudi Arabia and UAE leaders ‘decline calls with Biden’ amid fears of oil price spike
Edward Helmore
Tue, March 8, 2022, 11:48 PM
<span>Photograph: Apu Gomes/AFP/Getty Images</span>
Photograph: Apu Gomes/AFP/Getty Images
The de-facto leaders of Saudi Arabia and the United Arab Emirates have declined to arrange calls with US president Joe Biden in recent weeks as the US and its allies have sought to contain a surge in energy prices caused by Russia’s invasion of Ukraine.
According to the Wall Street Journal, citing Middle East and US officials, both Saudi Crown Prince Mohammed bin Salman and the UAE’s Sheikh Mohammed bin Zayed al Nahyan have been unavailable to Biden after US requests were made for discussions.
“There was some expectation of a phone call, but it didn’t happen,“ a US official said of a plan for Saudi Prince Mohammed and Biden to speak. “It was part of turning on the spigot [of Saudi oil].”
Related: How the US ban on Russian oil risks splitting the west’s response
Last week, OPEC+, which includes Russia, declined to increase oil production despite western entreaties.
But reports of frigid communications with Saudi Arabia come as the Biden administration seeks to increase oil supply after formally banning Russian oil imports on Tuesday, pushing oil prices to $130 a barrel, the highest level in 14 years.
However, the US has for the first time in years opened up diplomatic channels with Venezuela, a Russian ally and which has the world’s largest oil reserves. Venezuela has now released at least two Americans from jail in an apparent goodwill gesture toward the Biden administration in a possible prelude to increasing production to ease the price surge.
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