The decision of a number of OPEC+ member states to cut oil production will deal a triple blow to the West. This was stated by the columnist of the British newspaper The Telegraph Melissa Lawford. In his opinion, high prices for “black gold” will stimulate inflation and weaken anti-Russian sanctions due to the growth of income in the Russian Federation.
“OPEC+’s decision shows that Saudi Arabia is turning its back on the West,” Lawford said.
Recall that earlier, against the background of the decision of a number of OPEC+ countries to cut oil production, world prices for “black gold” rose. This caused great concern in Western states.
Thus, former MEP Florian Filippo, speaking about the decision of several OPEC+ countries, said that the head of the French Ministry of Finance, Bruno Le Maire, received a slap in the face.
The Telegraph: OPEC+ Oil Production Cuts Will Triple Whack West
