Thread by @evacool_

Thread : 🧵
With #OPEC Plus clinging to #oil pumping operations at nearly the same level, which leads to a continuous rise in fuel prices globally, in my opinion, the key to this crisis is in the Kingdom of Saudi Arabia.
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#KSA #USA #Russia #Ukraine #EU #NATO #Iran

As it is known, #Riyadh is the second largest oil exporter in the world with about 10 mbd and the second largest reserves. #SaudiArabia also leads the #OPEC, which includes a number of oil exporters, making it an important influence on global oil prices.
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It is important to stress that the current rise started since the 4th quarter of last year, months before Russian invasion in #Ukraine, with assurances from #US, confirming its attempt to communicate with the Saudi side to raise the level of production, hitting a dead end.
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From the Saudi point of view, the current #US administration, since its accession to power, has ignored the Kingdom in its dealings with the region, and has taken steps hostile in one way or another to Saudi national security.
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One of the first decisions of the #Biden administration was to remove the name of the #Houthi militia from the #FTO, despite the cross-border missile and drone attacks carried out by this militia against the Kingdom.
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https://twitter.com/evacool_/status/1507395990852149256

At the end of last August, #Washington reduced the number of its batteries in Saudi lands in conjunction with reducing the number of its forces there, despite the continuous threats the Kingdom is facing from #Iran.
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Within the same course, #Washington is still making concessions continuously to the Iranian regime under the cover of returning to the nuclear deal. A deal, which, if signed, will give #Tehran a green light to raise its threats to the Kingdom.
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https://twitter.com/evacool_/status/1504550482647388160

This negative atmosphere between the #Biden admin and #KSA, in light of positive relations between the Republicans & the Saudis, led #Riyadh to use the oil as a pressure card on #Biden and support for the Republicans inside America in the approaching midterm elections.
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