Saudi Arabia and UAE leaders ‘decline calls with Biden’ amid fears of oil price spike

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Saudi Arabia and UAE leaders ‘decline calls with Biden’ amid fears of oil price spike
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The Gulf nations have capacity to pump more oil to ease supply fears but relations with the US have chilled during Biden administration

But reports of frigid communications come as the Biden administration seeks to increase oil supply afteron Tuesday, pushing oil prices to $130 a barrel, the highest level in 14 years.

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