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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Economist: Biden will fail in his moves in the Middle East to compensate for Russian gas supplies

    Rocky
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    Economist: Biden will fail in his moves in the Middle East to compensate for Russian gas supplies Empty Economist: Biden will fail in his moves in the Middle East to compensate for Russian gas supplies

    Post by Rocky Sat 16 Jul 2022, 5:05 am

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    [size=52]Economist: Biden will fail in his moves in the Middle East to compensate for Russian gas supplies[/size]

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    [size=45]An economic expert, Muhammad Attia al-Saadi, said on Friday that US President Joe Biden will fail in his moves in the Middle East to push the region towards increasing oil production in order to compensate for Russian gas supplies.[/size]
    [size=45]Al-Saadi said, "It is expected that there will be an increase in demand for oil with the rise in prices in light of the continuation of Russian military operations in Ukraine and the escalation of European-American sanctions on Moscow."[/size]
    [size=45]He added, "Washington will not be able to control market prices through the moves led by US President Joe Biden in the Middle East with the aim of putting pressure on the Gulf countries to increase production and compensate for Russian oil."[/size]
    [size=45]And he indicated that "Moscow has multiple markets for the sale of oil and gas, and it also has influence and interests in the region that enable it to influence the production and export of energy from the Gulf region."[/size]
    [size=45]He pointed out that "global reports indicate a high pace of global demand for oil, which neither Saudi Arabia nor others can secure market supplies and achieve balance in the production, export and consumption of energy in the world." finished 25[/size]
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