along with its OPEC allies against U.S. wishes, and he's made no secret of it.

With the global economy on a knife-edge and energy prices high, Washington sees the kingdom's move – which it made in coordination with Russia and other oil-producing states – as a snub and a blatant display of siding with Moscow.

Oil producer group OPEC+ in early October announced its largest supply cut since 2020, to the tune of 2 million barrels per day from November. With the global economy on a knife-edge and energy prices high, Washington sees the move as a snub from ally Saudi Arabia and a blatant display of siding with Moscow.

Joe Biden said in an interview with CNN on Tuesday that there would be "consequences." He did not go into further detail as to what those consequences might be.

The Saudi-U.S. relationship was founded, broadly speaking, on the principle of energy for security. Washington has since the 1940s provided billions of dollars in military and security aid to Saudi Arabia. But in recent years, and particularly since the Obama administration began making diplomatic inroads with Iran, Riyadh feels the U.S. commitment to its security has waned.