Saudi, UAE back OPEC cuts as US envoy warns of 'uncertainty'

Abu Dhabi, October 31 Saudi Arabia and the United Arab Emirates defended on Monday a decision by OPEC and its allies to cut oil production, even as an American envoy warned of “economic uncertainty” ahead for the world. The comments...

Tribune Web Desk

Updated At : 12:54 PM Nov 01, 2022 IST

Abu Dhabi, October 31

Saudi Arabia and the United Arab Emirates defended on Monday a decision by OPEC and its allies to cut oil production, even as an American envoy warned of “economic uncertainty” ahead for the world.

The comments at the Abu Dhabi International Petroleum Exhibition and Conference showed the stark divide between the United States and Gulf Arab countries.

“We don’t owe it to anybody but us,” the prince said.

OPEC has insisted its decision came amid concerns about the global economy while the American intelligence agencies believe the slaying came at Prince Mohammed’s order. — AP

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