Biden: Low fuel prices depend on Saudi measures


US President Joe Biden said yesterday evening that he expects fuel prices to drop in 2022, noting that any new price drop depends on factors, including the measures taken by the Kingdom of Saudi Arabia.

And the media had reported that the US antitrust authorities extended the approval process for at least five mergers and acquisitions in the oil and gas sector during the past three months, with the Biden administration scrutinizing the deals to address the sharp rise in energy prices.

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