US Treasury Secretary Janet Yellen says a decision by the OPEC+ grouping to cut oil production was “unhelpful and unwise” for the global economy
The White House on Thursday said"all options" are being considered after the alliance decided to cut 2 million barrels a day starting next month.
to support sagging oil prices, despite US arguments that this will raise fuel costs and endanger world economies.
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OPEC oil cuts bad for global economy, says U.S.'s Yellen -FTU.S. Treasury Secretary Janet Yellen said a decision by the OPEC+ grouping to cut oil production was 'unhelpful and unwise' for the global economy, especially emerging markets, the Financial Times said on Sunday.
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'I'm not finished with that yet': Biden concedes gas prices are ticking upPresident Joe Biden acknowledged gas price averages are ticking up, attributing the blame to OPEC+'s decision to cut oil production by 2 million barrels a day.
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Lara Trump on Biden's energy policies: We can't continue down this path | Fox News Video‘PEACE THROUGH STRENGTH’: LaraLeaTrump says inflation, oil prices and Russia’s aggression were all made possible by President Biden’s policy decisions when he entered office.
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Fury at Saudi Arabia revives calls for US to throw the book at OPEC | CNN BusinessOPEC+'s decision to slash oil production has set off bipartisan fury in Washington directed at the Saudi Arabia-led group, raising calls for a hard-hitting US response.
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Opinion | After OPEC's 'Hostile Act,' Dems Urge Full Break From Saudi Arabia, UAE'House lawmakers say decision to cut oil production yesterday is a 'turning point' in the US-Gulf State relationship.'
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