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Biden to ask Gulf allies to increase output

The US President will request that allies in the Persian Gulf increase oil production during visit later this month, reports Bloomberg.

Photo: Bloomberg/Bloomberg

US President Joe Biden will ask allies in the Persian Gulf to increase oil output during his visit to Saudi Arabia in mid-July.

The report comes from Bloomberg News citing statements made during a press conference in Madrid where the president just took part in a NATO summit.

”I have indicated to them that I thought they should be increasing production. I hope we see them, in their own interest, concluding that makes sense to do,” said Joe Biden at the press conference, according to Bloomberg.

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