US Senate Passes NOPEC Antritrust Bill, Paving Way For Biden To Sue OPEC

Saudi Arabia had publicly expressed its dissatisfaction with the Biden Administration's lack of assistance for Saudi defense against the Iran-backed Houthis in Yemen before. Now, the US Senate has passed the NOPEC Antritrust bill, paving way for Biden to sue OPEC.

According to Reuters, the Senate Judiciary Committee has passed the No Oil Producing and Exporting Cartels Act (NOPEC) bill, setting the stage for a lawsuit targeting OPEC for antitrust and market manipulation if enacted into l...

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