The speculation that President Biden will fly to Saudi Arabia comes at a time when the price of a gallon of gas in the United States has reached a new record high of $5.
It has been said that the White House intends to make a statement regarding Joe Biden’s trip to Saudi Arabia, and this has been reported.
According to a report that was published in the Wall Street Journal, which cited two people as having “direct knowledge of the plans,” Vice President Biden is scheduled to meet with Mohammed bin Salman, Crown Prince of Saudi Arabia, during his trip to the region that will take place the following month.
There is currently a global energy imbalance, which may be made public as soon as Monday as a direct result of the Russian invasion of Ukraine on February 24. The news of this deficit may come out as soon as Monday. In retaliation for Russia’s invasion of Ukraine, countries all over the world have imposed economic sanctions on Russia and imposed an energy embargo against the country.
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The administration of President Joe Biden has had a difficult time coping with the energy crisis, which has led to gas prices reaching their highest point in the history of the United States. This has resulted in the price of gasoline reaching its highest point in the history of the world.
