Media Wire

Officials say US mulling reduction of Saudi military aid over oil dispute

The White House is considering rolling back military aid to Saudi Arabia as a punishment for the decision by OPEC+, which is de facto led by Riyadh, to reduce oil production, US officials have told the news network NBC.

The measures could include a freeze on the delivery of Patriot missiles to Saudi Arabia, the broadcaster reported. The $3 billion deal, under which Riyadh would have received 300 Patriot MIM-104E Guidance Enhanced Missile-Tactical Ballistic Missiles (GEM-T), was approved by Washington in August. It is seen as crucial for the Saudis to resupply missiles for their Patriot launchers, as the country is being targeted by frequent missile and drone attack from Houthi rebels in Yemen, in response to a long-running bombing campaign by Riyadh.

Another option on the agenda is excluding the kingdom from upcoming military drills and regional conferences, including those dedicated to attempts by the US and its allies to create a joint air defense system in the region, the sources stated.

However, two US officials and another informed source pointed out that no decision has yet been made in Washington. Much will depend on the OPEC (Organization of Petroleum Exporting Countries) summit in December, they continued, adding that if the meeting leads to an increase in production, the Saudis could avoid US retaliation altogether.

According to NBC, some military leaders in the US are against reducing defense cooperation with Riyadh. They argue that leaving Saudi Arabia, which has been Washington’s key ally in the Persian Gulf for decades, without Patriot missiles and other American equipment, could jeopardize US troops and civilians in the country and undermine the stability of the whole region. Commanders have already shared those concerns with the Biden administration, the sources added.

The US has been urging the Saudis to increase oil production for months, saying lower prices would hurt Russia and make it harder for Moscow to bankroll its military operation in Ukraine. However, the OPEC+ group, which includes Russia, outraged Washington earlier this month by announcing an oil production cut of two million barrels a day starting in November.

There will be “consequences” for Saudi Arabia because of the move, US President Joe Biden warned. When asked by CNN whether it was time for Washington to re-evaluate its relationship with Riyadh, Biden responded: “yes.”

The Saudis have been insisting that oil production cuts were a unanimous decision by OPEC+ members, made for purely economic reasons.

IFP Media Wire

Reports and views published in the Media Wire section have been retrieved from other news agencies and websites, and do not necessarily reflect the opinion of the Iran Front Page (IFP) news website. The IFP may change the headlines of the reports in a bid to make them compatible with its own style of covering Iran News, and does not make any changes to the content. The source and URL of all reports and news stories are mentioned at the bottom of each article.

Recent Posts

Russia hits Ukraine’s power grid in biggest missile attack in months

Blasts rang out across Ukraine’s capital Kyiv and other cities early on Sunday, as Russia…

4 hours ago

At least 50 Palestinians killed in Israeli air raid on northern Gaza

At least 50 Palestinians were killed in Israeli airstrikes on a five-story residential building in…

4 hours ago

Biden meets Xi, condemns North Korean soldiers dispatch to Russia for fight against Ukraine

Outgoing US President Joe Biden met Chinese President Xi Jinping in Lima, Peru, to discuss…

4 hours ago

Human rights group documents Israel’s murders, extrajudicial executions of Gazans

A human rights group has documented horrific premeditated murders and arbitrary extrajudicial executions of Palestinians…

5 hours ago

Iran says daily gas output from South Pars hit all-time high

Iran’s state-run Pars Oil and Gas Company has announced that daily production from the South…

7 hours ago

American tycoon Elon Musk threatens to ‘nuke’ people behind Russia-links smears

American billionaire Elon Musk has vowed to take action against those responsible for making false…

7 hours ago