Pakistan on Tuesday expressed solidarity with Saudi Arabia in the wake of \u201cstatements made against the kingdom\u201d following the Saudi-led Opec+ cartel\u2019s decision to cut oil production target despite objections from the United States.
\nOpec+, the producer group comprising the Organisation of the Petroleum Exporting Countries (Opec) plus allies including Russia, had earlier this month agreed to reduce two million barrels per day from November at a meeting in Vienna \u2014 a move that angered the US.
\nFollowing the announcement, US President Joe Biden vowed to impose \u201cconsequences\u201d on Saudi Arabia for siding with Russia in supporting the cuts.
\nThe Opec+ move undermines Western countries\u2019 plans to impose a cap on the price of Russian oil exports in response to Moscow\u2019s war in Ukraine.
\nSenator Bob Menendez, a Democrat who chairs the Senate\u2019s foreign relations committee, also called for a halt to most US arms sales to Saudi Arabia after the Opec+ move.
\nCommenting on the matter, the Foreign Office said it appreciated Saudi Arabia\u2019s concerns about avoiding market volatility and ensuring global economic stability.
\nIn a statement, the FO said Pakistan encouraged a constructive approach on such issues based on engagement and mutual respect.\u201c
\n\u201cWe reaffirm our longstanding, abiding and fraternal ties with the kingdom of Saudi Arabia,\u201d the statement added.<\/p>\n","protected":false},"excerpt":{"rendered":"
Pakistan on Tuesday expressed solidarity with Saudi Arabia in the wake of \u201cstatements made against the kingdom\u201d following the Saudi-led Opec+ cartel\u2019s decision to cut…<\/p>\n","protected":false},"author":1,"featured_media":1879,"comment_status":"registered_only","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8],"tags":[],"class_list":["post-1878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news-updates"],"aioseo_notices":[],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/posts\/1878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1878"}],"version-history":[{"count":0,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/posts\/1878\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/media\/1879"}],"wp:attachment":[{"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}