Trump critics float theory Jared Kushner urged Saudis to cut oil production

United States News News

Trump critics float theory Jared Kushner urged Saudis to cut oil production
United States Latest News,United States Headlines
  • 📰 Newsweek
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 52%

The timing of the OPEC decision to cut oil production right before the U.S. midterms is drawing speculation.

reported that Kushner spearheaded a U.S. government-sponsored program called the Abraham Fund intended to raise $3 billion for Middle East-related projects. That followed previous reports that Kushner's private equity firm received a $2 billion check from Saudi Arabia—the same nation that, along with Russia, agreed Wednesday to cut oil production by 2 million barrels a day to raise prices.Simon Rosenberg, founder of the New Policy Institute, a Washington, D.C.-based liberal think tank.

"Did Jared visit the Saudi's at DJT's urging, seeking higher oil prices to harm the Dems in the midterms? Just wondering,"

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Newsweek /  🏆 468. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US oil industry mocks Biden after OPEC+ announces production cutsUS oil industry mocks Biden after OPEC+ announces production cutsThe U.S. Oil & Gas Association on Wednesday suggested that President Biden is now forced to turn to the U.S. oil industry after tapping out strategic reserves and OPEC+ cut production.
Read more »

US Should Respond to OPEC by Reinstating Oil Export Ban, Says Green GroupUS Should Respond to OPEC by Reinstating Oil Export Ban, Says Green Group\u0022It is no surprise that the international oil cartel is seeking to maintain high prices,\u0022 said a campaigner with Food \u0026 Water Watch. \u0022Political leaders here at home must understand that the solution is not to increase drilling.\u0022
Read more »

Oil Price Soars Following OPEC Production Cut – Key Tests Ahead for WTIOil Price Soars Following OPEC Production Cut – Key Tests Ahead for WTIOPEC+ agrees to cut oil production by 2 mln barrels per day. WTI rallies into key trendline resistance, 50-day moving average. White House extremely disappointed with OPEC “alignment with Russia”
Read more »

OPEC+ announces oil production cut, a move that could push US gas prices to riseOPEC+ announces oil production cut, a move that could push US gas prices to riseThe alliance, which includes Saudi Arabia and Russia, has decided to sharply cut production to support sagging oil prices.
Read more »

OPEC decision could force Europe to cooperate with PutinOPEC decision could force Europe to cooperate with PutinSome European Union countries may threaten to fold their sanctions against Russia as oil prices soar.
Read more »

Gas prices rising, OPEC cutting oil production -- experts say there could be political consequencesGas prices rising, OPEC cutting oil production -- experts say there could be political consequencesThe average gas price in the Chicago area as of Wednesday was $4.60 a gallon. That is up from $4.48 on Tuesday, and $4.35 last week.
Read more »



Render Time: 2025-02-22 17:38:04