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President Joe Biden said the U.S. "will take action" on arms sales to Saudi Arabia after oil production cut. RELATED: Biden considering 'alternatives' after OPEC oil production cuts https://bit.ly/3fQXLzA Biden is consulting with Congress on whether to take action against Saudi Arabia. The administration argues the Saudi Arabia-led oil cartel’s cut in production will help drive up the cost of gas, boosting Russia’s oil revenue just as the United States and its allies are trying to reduce Russia’s oil profits. Rising pump prices could also hurt Democrats in next month’s midterm elections. Lawmakers have proposed blocking any future arms sales to the Saudis as well as allowing the Justice Department to use antitrust laws to challenge the OPEC+ countries and their state-owned oil companies. While the security strategy doesn't mention Saudi Arabia specifically, in the section on the Middle East, the administration encourages "energy producers to use their resources to stabilize global energy markets, while also preparing for a clean energy future and protecting American consumers." » Subscribe to USA TODAY: http://bit.ly/1xa3XAh » Watch more on this and other topics from USA TODAY: https://bit.ly/3q3ON4B » USA TODAY delivers current local and national news, sports, entertainment, finance, technology, and more through award-winning journalism, photos, videos and VR.