UAE energy minister Suhail Al Mazrouei said that the US would continue to play a key role in global oil markets under President Joe Biden.
“The United States of America is a major player now … with its production, with the fact that this industry that has been developed through shale oil and gas has created lots of jobs and created an economy by itself,” he told CNBC.
He added that Biden’s expected focus on renewables and less vocal approach than his predecessor Donal Trump would not dent the role of the US in global oil markets.
“Whether President Biden and the new administration [will] be vocal on Twitter or not … the role of the United States will be always important,” Mazrouei added.
