Saudi Arabia and the U.S. Reaffirm Their Commitment to Global Energy Markets Stability

During Joe Biden’s visit to Saudi Arabia, both countries reaffirmed their dedication to the stability of global energy markets, said the Saudi state news agency in a joint statement.

U.S. President Joe Biden met with Saudi Arabian officials, including Crown Prince Mohammed bin Salman, and released a statement praising the kingdom’s commitment to ensuring that oil markets around the world remain balanced in order to achieve long-term economic expansion.

Both countries agreed on consulting on global energy markets on a regular basis in the short and long term, as well as collaborating as strategic partners in climate and energy transitions.

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