Jessica Karl, Columnist

US and Saudis Go From Fist Bump to Knife in the Back

A surprise decision for a huge OPEC+ production cut will help Russia and boost inflation. Unless it doesn’t.

Oil pumping jacks in an oil field at sunset in Russia.Photographer: Andrey Rudakov/Bloomberg
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Exactly 261 days ago, US President Joe Biden did a fist-bump with Saudi Arabia’s crown prince, Mohammed bin Salman. Oh, how times have changed.