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Biden, Saudi king discuss energy supplies, Iran and Yemen

WASHINGTON, 11 February 2022, (TON): US President Joe Biden and King Salman of Saudi Arabia discussed energy supplies in the face of soaring fuel prices and developments in the Middle East, including Iran and Yemen, in a telephone call.

The White House said in a statement "the two leaders committed to ensuring the stability of global energy supplies.”

Saudi state news agency SPA said “Salman, head of the largest crude exporter in the OPEC oil production group, spoke about maintaining balance and stability in the petroleum markets.”

He emphasised the need to maintain the supply agreement OPEC has with its allies including Russia, a group known as OPEC+.

Last week, OPEC+ agreed to stick to moderate rises in its oil output, with the group struggling to meet existing targets and wary of responding to calls on its strained capacity for more crude from top consumers to cap surging prices.

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