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Macron Tells Biden That UAE, Saudi Pumping Near Oil Limits

  • French president caught on camera discussing oil output
  • Macron relates conversation with UAE leader Mohammed bin Zayed
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Macron Warns Biden on UAE, Saudi Arabian Oil Capacity
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French President Emmanuel Macron said that the United Arab Emirates’ ruler confided to him that OPEC’s two leading oil exporters are already pumping almost as much oil as they can.

The UAE is “at maximum” output and neighboring Saudi Arabia can promptly add only about 150,000 barrels a day, Macron said, relaying a conversation with Sheikh Mohammed bin Zayed to President Joe Biden. The remarks were caught by Reuters TV at the Group of Seven meeting in Bavaria, Germany.