Skip to Content

Pariahs no more? US reaches out to oil states as prices rise

KTVZ

By ELLEN KNICKMEYER and CATHY BUSSEWITZ
Associated Press

WASHINGTON (AP) β€” Three checkered oil regimes that President Joe Biden and past U.S. leaders have spectacularly snubbed β€” Venezuela, Saudi Arabia and Iran β€” are the targets of U.S. outreach as global fuel prices hit dizzying highs during the Ukraine crisis. But it’s not clear any U.S. diplomacy could get more crude on the market fast enough to help the current supply crunch. U.S. overtures to three problematic oil giants could lead to stabilizing rising oil and gas prices and draw those governments closer to the West and away from Russia and China. But Biden risks condemnation for outreach to governments accused of abuses and violence.

Article Topic Follows: AP National News

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KTVZ NewsChannel 21 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content