The Washington Post editorial board hammered President Biden after OPEC decided to cut its oil production, claiming it shows Biden's foreign policy failed.
Clearview energy partners' Kevin Book explains the impact of OPEC's oil cuts on U.S. gas prices on 'Special Report.'’s attempts to persuade the Saudi Arabian government into helping with U.S. energy policy, saying the administration"failed""badly."
The Saturday editorial stated that OPEC’s decision"is not quite as big of a shock as the embargo OPEC imposed on the United States between October 1973 and March 1974. It is nevertheless a setback for President Biden’s foreign policy and a blow to the United States and its allies on several fronts." Further detailing how much damage this decision has done to United States interests – especially during the Russia-Ukraine War – the board added,"The move will not only create economic risks for the United States and Europe but also make it more difficult for them to implement a planned price cap on Russian oil exports in December. All of that can only help Russia pursue its flagging war against Ukraine.
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