Members of Congress call on Saudi Arabia to “stabilize oil”

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SenateIn the first message of its kind, Saudi Arabia that has strategic relations with Washington should help stop the drop in oil prices, especially in light of the economic repercussions to combat the global Corona epidemic.

Thirteen US Senators, led by Dan Sullivan and Kevin Kramer, called Saudi Arabia To stop the recent efforts to boost oil production as oil prices drop.

The invitation came in a message sent by American Senators to the Saudi crown prince, Prince Muhammad bin Salman bin Abdulaziz Al Saud.

The message calls on Prince Mohammed bin Salman to work to slow some of the measures taken by the Saudi Ministry of Energy, which would have stopped the rise in crude oil prices in the global energy markets.

It was stated in the US Senate letter "Since the United States and the rest of the world, including Saudi Arabia, are dealing with the response to the Covid-19 epidemic, and its mitigation and prevention efforts, the additional impact of instability in global energy markets is an unwelcome development.".

Senators, who signed the letter, asked the Saudi crown prince to seek to calm the turmoil sweeping the global oil markets, by reviewing decisions to reduce Saudi crude oil prices and boost production with a view to calm the panic sweeping the global energy markets.

The members of the Senate pointed to the importance of Saudi Arabia as a force for stability in global markets, and asked the Kingdom to assert its constructive leadership role towards restoring global economic stability by calming economic concerns in the oil and gas sector at a time when the world is responding to the Covid-19 epidemic.

The thirteen members of the American Senate expressed their aspiration for the upcoming meeting with the Ambassador of the Kingdom of Saudi Arabia to Washington, Princess Rima Bint Bandar Al Saud, and to discuss these issues in detail and to continue dialogue and work on this central issue.

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Senators asked, in the first message of its kind, that Saudi Arabia, which has strategic relations with Washington, be helped to stop the drop in oil prices, especially in light of the economic repercussions to combat the global Corona epidemic.

Thirteen US Senators, led by Dan Sullivan and Kevin Kramer, called on Saudi Arabia to halt recent efforts to boost oil production as oil prices drop.

The invitation came in a letter sent by the American Senators to the Saudi Crown Prince, Prince Muhammad bin Salman bin Abdulaziz Al Saud.

The message calls on Prince Mohammed bin Salman to work to slow some of the measures taken by the Saudi Ministry of Energy, which would have stopped the rise in crude oil prices in the global energy markets.

“Since the United States and the rest of the world, including Saudi Arabia, are dealing with the response to the Covid-19 epidemic, and its mitigation and prevention efforts, the additional impact of instability in global energy markets is an unwelcome development,” said the US Senate message. .

Senators, who signed the letter, asked the Saudi crown prince to seek to calm the turmoil sweeping the global oil markets, by reviewing decisions to reduce Saudi crude oil prices and boost production with a view to calm the panic sweeping the global energy markets.

The members of the Senate pointed to the importance of Saudi Arabia as a force for stability in global markets, and asked the Kingdom to assert its constructive leadership role towards restoring global economic stability by calming economic concerns in the oil and gas sector at a time when the world is responding to the Covid-19 epidemic.

The thirteen members of the American Senate expressed their aspiration for the upcoming meeting with the Ambassador of the Kingdom of Saudi Arabia to Washington, Princess Rima Bint Bandar Al Saud, and to discuss these issues in detail and to continue dialogue and work on this central issue.







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