Channel: Gyan Jara Hatke

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Description: sponsor link : kukufm.sng.link/Apksi/3svo/29bw Gyan50 for the first 250 users getting 50% off US President Joe Biden has ordered a major release of oil from America's strategic reserves in an effort to bring down high fuel costs. The US has been asking Saudi Arabia to increase its oil production, but it has rebuffed previous US requests to boost output in order to reduce oil prices. Saudi Arabia, which is close to Western governments but also to Moscow, is the biggest producer in OPEC, the oil cartel which accounts for about 60% of the crude oil traded internationally. Because of this OPEC has a key role in influencing oil prices. So far, no OPEC member has agreed to US requests to boost output. Russia is not in OPEC but has been working with it since 2017 to place limits on oil production, in order to maintain earnings for producers. The US is also looking at relaxing Venezuela's oil sanctions. It used to be a key US oil supplier, but recently Venezuela has largely been selling its oil to China. Oil-rich Gulf monarchies have so far resisted Western pressure to raise output, prioritising their own strategic and economic interests.. Joseph Biden last month tried to call Mohammed Bin Salman to ask Saudi Arabia to increase its oil supply, after the US formally banned Russian oil imports, but as relations between the two countries remain frosty, MBS didn’t accept the call. Perhaps MBS remembers that Joseph Biden had promised to make Saudi Arabia “a pariah state” and described it “as a state with no redeeming social value” over the killing of dissident journalist Jamal Khashoggi, and so decided to give Biden the cold shoulder. Why Saudi Arabia is teaching us a lesson? Join this channel to get access to perks: youtube.com/channel/UC6IZlvDki7kzB_y6F4WzUCw/join For business/sponsorship inquiries, mail us at email ID business.gyanjarahatke@gmail.com Filmed this video in HD on this -- Canon 700D amzn.to/2HzRgzo with this lens -- 10-18MM amzn.to/2r8ZyUs PRIME MIC -- amzn.to/2FqSWFe GORILLAPOD -- amzn.to/2FqYRKK OTHER MIC -- amzn.to/2raNIsb OTHER GEAR --- Canon 80D amzn.to/2FqP6Mh OTHER LENS -- 50MM amzn.to/2r6Kxla GREEN SCREEN -- amzn.to/2JxJiTR CAMERA SLIDER -- amzn.to/2HYjsLK OLD CAMERA-- amzn.to/2r9Wdnl Follow me Twitter ➜ twitter.com/Gyanjarahatke Facebook ➜ facebook.com/Gyanjarahatke Instagram ➜ instagram.com/gyanjarahatke Support GyanJaraHatke By Becoming GyanJaraHatke Patreon patreon.com/GyanJaraHatke Music: bensound.com