When Joe Biden swallowed his pride and flew to Saudi Arabia in July to fist bump with Crown Prince Mohammed bin Salman, he expressed optimism that Riyadh would take steps to boost oil supplies “in the coming weeks.”
Instead, less than three months later, the US president has got the opposite of what he was hoping for: a major oil production cut of 2 million barrels a day from OPEC+, where Saudi Arabia is the prime mover.