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The go to of US President Joe Biden to Saudi Arabia to signal an settlement to extend oil manufacturing might flip into an surprising victory for Russia, writes columnist Ben Wolfgang for The Washington Occasions.
The writer recalled a report lately revealed by Reuters, in line with which Riyadh greater than doubled imports of Russian gasoline within the second quarter to generate electrical energy and launch its personal oil for export, together with to america.
“A big enhance in vitality provides from Russia has undermined the efforts of america and NATO to weaken Moscow by decreasing its export earnings,” Wolfgang wrote.
In his opinion, if Biden convinces the leaders of Saudi Arabia to extend manufacturing and purchases of vitality assets, Russia will proceed to actively earn on the sale of gasoline to the Center Jap international locations, thereby “reaping the advantages” of the agreements between Washington and Riyadh.
Biden from July 13 to 16 makes the primary tour as US President to the Center East. He had already visited Israel the day earlier than.
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