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According to the US Energy Secretary Chris Wright, according to US Energy Secretary Chris Wright, energy prices have been determined to have lower than the United States than before the previous US.
“Under the leadership of the President of Trump, we will see less energy prices in the last four years of the previous leadership,” Riyah said in a briefing in Riyadh. Refused to comment on specific price targets.
Saudi Arabia under the USA in Biden, often collided over US energy policy was ignored after the prices fell to increase the production of US stations and inflation. According to the information compiled by Bloomberg, a raw barrel between 2017 and 2021, $ 83.
“I can’t comment on where or where they go today or reduce barriers to investment, reduce obstacles to build infrastructure, reduce energy costs,” he said.
Saudi Arabia and other oil-producing countries have decreased after the speech of countries produced and Trump extensive tariff markets. Less than $ 65 is the lowest level, lowest in the lowest level, which is lower than the Coronavirus Pandemic and the level balancing the Saudi Arabia’s budget. According to Goldman Sachs, the kingdom can threaten the ability to continue financing its extensive economic transformation plans.
The United States and Saudi Arabia are still looking at the energy markets. “President Trump – and I want to see the growing demand for energy – all over the world, and we want to see the growing supply.”
The United States and Saudi Arabia are also working on a preliminary agreement to cooperate in civil nuclear energy and are waiting for progress in this year. According to him, the two countries go to a “way” to an agreement that will attract the spread and control of nuclear technology.
The Kingdom had to sign a so-called 123 contract covering areas, including nuclear spread problems and technology transfers. The United States also looks like a “critical” to try to be partners with China on the development of Saudi Arabia’s nuclear program.
“This review is shared throughout the two nations and is an indicator of non-productive ties between the United States and Saudi Arabia in the last few years,” he said.
Saudi Arabia has previously asked for Russian and Chinese companies, France and South Korean companies from external developers to establish proposals to build nuclear power reactors.
Biden’s leadership and the United States cooperation with Saudi Arabia’s nuclear energy program, which will see that the two countries deepened the defense pact and trade ties, were compressed as part of a flawless transaction. This would agree to normalize Saudi Arabia relations with Israel. However, with Hamas and Israel’s military response, Israel appeared after the October 7 attack.
Rawt Wright held meetings with several Middle Eastern countries and meetings with the Minister of Saudi Energy Prince Abdulaziz Bin Salman.
This story was first displayed Fortune.com
