
Roundup: Saudi Arabia Cuts Oil Production & LA City Council
The NPR Politics Podcast
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OPEC Cuts and Geopolitical Tensions
This chapter analyzes the ramifications of OPEC's decision to decrease oil production by 2 million barrels per day, particularly its potential to boost oil prices and financially support Russia amid the Ukraine conflict. It examines the discord between the U.S. and Saudi Arabia regarding oil pricing and the upcoming midterm elections, which could affect American voters. The discussion also reflects on the changing dynamics of U.S.-Saudi relations, including military and economic implications, as well as the legislative responses from the Biden administration.
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