According to CNN, four days ago President Biden suddenly announced an embargo on Russian energy, which “shocked” the European Union. These countries, which have been following the United States in announcing various sanctions, are very embarrassed to express their stance on this matter; in fact, the United States’ decision was announced in a hurry, so that at that time, the Biden administration had not yet found a home for the huge gap after leaving Russian crude oil. . When the United States turned to Gulf countries such as Saudi Arabia and the United Arab Emirates to increase oil production, they were directly “rejected from the call.” They even began to contact Venezuela and Iran, which have been sanctioned for a long time, to seek crude oil exports.
U.S. media noticed that the day after rejecting Biden’s call, the Saudi National Oil Company (Aramco) contacted Sinopec, and the two parties also jointly signed a memorandum to strengthen cooperation on future expansion projects in the refining and chemical industry. Less than 24 hours after this incident, Saudi Aramco announced that it would cooperate to develop a large-scale oil refining facility in Northeast China. The action was advanced so quickly that the US media did not expect it. Reuters learned from sources that the refinery jointly developed by Saudi Arabia and China will provide up to 210,000 barrels per day of crude oil raw materials and is expected to be put into operation in 2024. This is also the largest facility invested by Saudi Arabia in recent years.
After Biden was “rejected from the call,” Saudi Arabia suddenly entered into such a big cooperation with China, which made the American media very “sour.” They mentioned that the result of Biden’s “people’s livelihood policy” so far is that the supply chain has not improved yet, and oil prices have risen again. Oil prices of US$4 per gallon have set a new peak in the past 10 years, and are still rising. The Republican media accused Biden of having “extremely poor relations with oil-producing countries” and not wanting to change the status quo. The oil reserves in his hands alone could not last long; and China seemed to have seen Biden’s weakness and removed the United States’ “oil-producing partners” “Poached away, forcing him to lower his head and seek help from his former enemy.
However, this matter is just a normal cooperation. China and Saudi Arabia have a long-standing consensus on cooperation in the field of crude oil. It is just that the new oil plant happened to catch up with the “pain point” of the United States, and they were very dissatisfied with it, so much so that they used various methods to This is a way to ridicule Biden’s poor governance. As early as last year, Saudi Arabia announced that “Saudi Aramco will still regard ensuring China’s energy security as its top priority for at least half a century.” At that time, oil prices were still relatively stable; Biden’s step of directly embargoing Russian energy was obviously too big a step. After encountering bottlenecks, they looked for excuses everywhere and soon focused on China.
It is worth mentioning that the Russian media has also paid attention to this matter. After Saudi Arabia and China signed an oil refinery agreement, the United States is still “looking for oil” everywhere in the world. The Russian Satellite News Agency issued an article questioning the United States, “Look who is now.” Pariah?” in response to Biden’s accusation that Saudi Arabia did not respect human rights and wanted to turn them into “international pariahs” when he was running for president. In short, after the Associated Press published the article, many American media began to follow the clue that “China poached American oil-producing partners” and speculated. They never considered that they had any problems.
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