Chapter 367 Oil Crisis

"Your Highness, the king is awake." Fahd, who was waiting anxiously outside, immediately walked in.

The king on the hospital bed seemed very haggard at this moment, and Fahd said, "Brother Wang..."

"It doesn't matter," Khalid smiled reluctantly: "I know myself, I'm afraid I'm not able to do it anymore. According to our Saudi rules, I should pass the throne to you."

"Brother Wang, you will get better. Saudi Arabia still needs you!" Fahd's voice was a little urgent.

"People always have to grow old, I've already seen it." Khalid said.

In Saudi Arabia, the throne was not passed on to his son, and it was often taken over by brothers who were made crown prince.

Khalid said a few words, then paused for a while, and then asked, "Is there anything wrong with you here?"

Fahd thought for a long time and said, "Just two days ago, Israel invaded Lebanon and is currently fighting Yasir."

Khalid suddenly had a golden light in his eyes, and he struggled to sit up.

"Brother Wang..." Fahd quickly supported him on the mat behind.

"What a pity Sadat!" Fahd said: "Originally, under the call of Egypt, the Arab world could all help our Muslim brothers together. I think about how energetic Sadat was in 1973. We jointly cut oil production and reduce Western countries' aid to Israel. However, we cannot blame him. He is the leader of Egypt, so he must have considered Egypt first."

"Iraq Saddam's youngest son, Kusai, came to Saudi Arabia, hoping that we can do an oil production cut like last time to support Yasir." Fahd said: "But you also know that we had an agreement with the United States."

Since Saudi Arabia has implemented a pro-Western policy and has maintained friendly relations with Western countries, in addition to the incident in 1973, Saudi Arabia and the United States have relatively good relations, especially the Islamic revolution in Iran, which has caused a sharp drop in world oil production. Saudi Arabia and the United States have signed an agreement. When the oil crisis occurs, it is necessary to export more oil to the United States to alleviate this situation. Saudi Arabia's central bank will also increase its holdings of US government bonds to stabilize the US financial market.

Therefore, Fahd had some contradictions, and from the bottom of his heart, he also wanted to do this big thing very much.

Khalid calmed for a while and said, "Our ancient Arab nation has continued from the original nomadic life to the present. As early as the Bedouin period, we were born through water and grass. In an extremely difficult natural environment, we helped each other and treated others generously. The entire Arab nation is a whole, and we are all brothers."

Khalid's tone was very calm, as if he had nothing to do with himself.

"And now, our Muslim brothers are being invaded by alien races. At this time, should we keep an agreement in vain, or do our best to support our Muslim brothers? Support is not just about providing some dollars, but about the greatest support at critical moments! The United States, they are aimed at Israel. If we do not help, then the entire Arab world will fall apart."

Fahd's heart was shaking: "Yes, Brother Wang, I know what to do."

No matter what policy Saudi Arabia pursues, he is always an Arab! Arabs living in this land should help each other because they are brothers!

After leaving the hospital, Fahd and the people around him said, "Please come to the palace together with His Excellency Kusai, the oil minister of Kuwait, and the oil minister of the United Arab Emirates."

Fahd had made up his mind.

These countries are all oil-producing countries. If they unite together, they can accomplish great things.

Zhang Feng received the news that when he rushed back from the Kingdom Construction Company, other personnel had already gathered in a conference hall of the palace.

Zhang Feng was delighted, OK, it seems that Fahd has made up his mind and is ready to do a big fight.

"Everyone, this time we are discussing the issue of oil production cuts." Fahd said: "All countries should reduce their production of half of crude oil according to OPEC's share."

The Kuwaitian oil minister nodded, "Yes, Western countries have always supported Israel. This time, it's time for them to pay the price!"

"Your Highness, our Iraq is very willing to accept this condition." Zhang Feng also said.

In this way, another oil crisis that shocked the Western world was once again staged.

On the same day, Fahd held a press conference, publicly claiming that the current oil prices are too low. In order to maintain the interests of OPEC members, we should reduce the production of 50% of the oil to protect the interests of each member state, and Saudi Arabia will also urge all countries to complete this plan.

All member states also responded to cut oil production!

Iraqi Oil Minister Sharabi even claimed that if OPEC member states want to restore oil production, then the United States should not support Israel after Israel invaded Lebanon several times, and after the United Nations urged Israel to withdraw from Lebanon unconditionally, it would still support Israel and urgently send fighter jets and other military supplies to Israel!

As soon as the news came out, the world was shocked.

At this time, the British Expeditionary Force was still fighting hard on the Horse Island. The flying fish missiles posed a great threat to them, especially as several oil tankers were sunk, their fuel reserves dropped to the lowest point.

In order to support the British Expeditionary Force, the United States has been using strategic crude oil reserves since the beginning of the war. Since the last two oil crises, the United States has begun to use strategic crude oil reserves. Once OPEC starts to reduce oil production, it can sell oil reserves to its own country to calm prices.

You should know that OPEC members also have to rely on oil to make a living. They cut production and only last for a few months at most. Otherwise, they will not export oil and have no financial income at all, and the country's various expenses will not be able to continue.

This is the battle between the two sides.

Japan and Western European countries also have this kind of oil reserves.

However, because of helping the UK, the US oil reserves were just a period of adjustment. As a result, it was very sad that their strategic crude oil reserves were only half a month long, and they were not supporting the UK!

At this time, a fierce debate was unfolding at the White House in the United States.

"This is a completely blackmail. The Arabs want to force us to make concessions on this issue, absolutely not!" said Secretary of Defense Casper Weinberg. "We in the United States must not make concessions on this issue. This is a matter of principle."

Don't give in?

Vice President George Bush sneered and said, "James, how much energy reserves do we have?"

Minister of Energy James said with a frown: "Originally we had a strategic crude oil reserve of 60 days, but in order to support our friendly British war, we have been using strategic crude oil reserves to provide supplies to the British army. Everyone knows that when the war started, the oil consumed countless oil tankers, and several British oil tankers were sunk again. After we just replenished five 10,000-ton oil tankers to the UK the day before yesterday, there were only fifteen days of crude oil reserves left. I originally planned to increase the reserves in the past two days, but Saudi Arabia has done such a move, and our empty oil tankers are almost at Saudi Arabia, and Saudi Arabia will not refuel!"

Oil is the lifeblood of an industrial country. Transportation, metallurgy, and oil by-products involve all walks of life. Without oil, the blow will be fatal to industrial countries.

"Maybe we have to throw away the car again and walk to work. After get off work, we have to go out to pick up some firewood." President Ronald Wilson Reagan said funny, with a cheerful laughter that also infected everyone's atmosphere.

"We can't let the Arabs do whatever they want, we have to give them some colors!" said Poindexter, assistant to the National Security Affairs: "In this world, no one can fool us, even the Soviets can't. We must put pressure on the Arabs!"

Secretary of State George Schultz is a moderate, retorted: "This oil crisis is entirely caused by our support for the Israelis. As long as we stop aiding Israel, it will naturally subside."

George actually didn't have much favoritism for Israel, and he was one of the few people who had no interests in the Jewish group in the United States.

"Supporting Israel's Middle East policy is absolutely not changed," Reagan said. "This is one of our national strategies. On the land of the Middle East, we have always been trying to win over Iran, Saudi Arabia and Kuwait. However, Iran's Khomeini came to power and hated us very much. Our two other allies, Saudi Arabia and Kuwait, are Arabs after all, and at the critical moment, they are still on the side of Arafat. And Iraq, we have always supported their war with Iran. At this time, they also stood on the side of Palestine without hesitation."

"We in the United States are definitely not easy to bully!" Weinberg said: "Let us prove by force what is the absolute truth! We must be tough!"

"Where is our aircraft carrier?" Reagan asked.

"The ** aircraft carrier battle group is located in the Indian Ocean and can be used at any time. We can also use it in Turkey's air bases. We must put pressure on these ungrateful Arabs!"

Reagan snatched out the cigar in his hand and said, "Okay, order the combat group of aircraft carriers ** to move immediately to the Arab Sea, and at the same time, terminate economic aid to the United Arab Emirates and Qatar, and terminate arms export agreements with Saudi Arabia, Kuwait and Iraq."

With President Reagan's orders, a series of counterattacks finally began.

The United States, a superpower that can compete with the Soviet Union, will never succumb to a few small countries in the Middle East!

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Chapter completed!