Title: Biden: Fuel Prices May Depend on Saudi Actions

U.S. President Joe Biden stated on Thursday that he expects gasoline prices to decrease in 2022 and that any further decline in prices depends on factors, including actions taken by Saudi Arabia. Earlier, Reuters reported that U.S. antitrust authorities extended the approval process for at least five mergers and acquisitions in the oil and gas sector over the past three months, as the Biden administration scrutinizes the deals to address the significant rise in energy prices.