Saudi Arabia Rejects US Criticism of OPEC+ Quota Cut Decision
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Saudi Arabia rejected criticism of last week’s OPEC+ decision to cut oil production quotas, saying the move was based solely on “its noble objectives” to avoid oil-market volatility and denying the kingdom was taking a stance against the US.
“The Government of the Kingdom of Saudi Arabia would first like to express its total rejection of these statements that are not based on facts, and which are based on portraying the OPEC+ decision out of its purely economic context,” the Foreign Ministry said in a statement.