The U.S. Senate Judiciary Committee has approved the No Oil Producing and Exporting Cartels Act (NOPEC) bill, Reuters reports, paving the way–if signed into law by the president–for a lawsuit against OPEC for antitrust behavior and market manipulation.

The vote comes at a tense time for U.S-Saudi relations, with Saudi Arabia making it very publicly known–through interviews and op-eds–that it is unhappy with the lack of support offered by the Biden Administration for Saudi defense against Iran-backed Houthis in Yemen, despite the threat Houthi attacks pose to Saudi oil facilities.

https://www.zerohedge.com/commodities/us-senate-passes-nopec-antritrust-bill-paving-way-biden-sue-opec

 

HOW DARE YOU CONSIDER SELLING YOUR OIL IN ANY CURRENCY OTHER THAN THE $US –  SIMPLY NOT ALLOWED