Saudi Arabia has expressed its indignation over the US's use of emergency oil reserves, calling it an attempt to influence the markets.
Speaking at an investment conference in the Saudi capital, Riyadh, Saudi Energy Minister Prince Abdulaziz bin Salman said that people are releasing their emergency reserves, have done so before, as a mechanism to influence the markets even though the original The aim was to end the oil supply shortage.
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They said that I am getting to hear that you are with us or against us? Is there any scope for this? We are for Saudi Arabia and we are for the Saudi people.
In response to a question about the decades-long friendship between Saudi Arabia and Washington, he said, "I think Saudi Arabia has decided to show wisdom and it doesn't care, let's see what happens." .
Prince Abdulaziz did not mention the US in his statement on the issue of emergency reserves, however, last week US President Joe Biden announced the release of 15 million barrels of oil from his strategic reserves.
The US has released 180 million barrels of its strategic reserves since the Ukraine war to control oil prices.
