In Yemen, the Iran-backed Shi’ite Houthis are waging jihad against the Sunnis in Saudi Arabia and the UAE.
Biden’s handlers, anxious to replicate Obama’s disastrous Iran nuclear deal, are making concession after concession to the Iranian mullahs.
The Saudis and the UAE have noticed, and want Biden to play ball with them before they will consider lowering oil prices. Biden, and the US, are in this bind all because Biden’s handlers wanted to vindicate Obama and discredit Trump.
“Crown princes of Saudi Arabia and Abu Dhabi ‘refuse to work to bring down oil prices unless Joe Biden backs them in Yemen’: Venezuela releases two US hostages in a sign of a thawing of relations amid rocketing gas prices,” by Harriet Alexander, DailyMail.com, March 8, 2022:
The crown princes of Saudi Arabia and the United Arab Emirates – the only two countries able immediately to turn on the tap and replace boycotted Russian oil – have both snubbed President Joe Biden in recent weeks, it has emerged, in response to the Biden administration’s failure to take their side in the war in Yemen.
Mohammed bin Salman, the 36-year-old crown prince of Saudi Arabia, and the U.A.E.’s Sheikh Mohammed bin Zayed al Nahyan, 60, both turned down overtures from the White House.
As oil prices push over $130 a barrel for the first time in almost 14 years, the two Gulf countries are the only major oil producers that can pump millions more barrels of more oil to calm the crude market at a time when American gasoline prices are at high levels.
Renewable energy is not currently producing sufficient quantities of power to cover the loss, and cannot be rapidly ramped up.
Biden on Tuesday said he ‘can’t do much’ about record high gas prices and said it was Vladimir Putin’s fault.
The president even predicted it would get worse, with prices at the pump – which hit a record $4.17 on Tuesday – going higher.
‘They’re going to go up,’ Biden said, when asked about his message for Americans on gas prices.