Published: Oct 16, 2022, 07:21 IST | Updated: Oct 16, 2022, 07:21 IST
The Saudi-led OPEC+ recently announced major cuts in oil production. The decision by the group that includes Russia has worsened fears of a recession. The announcement bought the US-Saudi relations to a new low. The US President Joe Biden while expressing disappointment said that it's 'time for the US to rethink its relationship with Saudi Arabia.'