Saudi Arabia has decided to be a more mature guy in its quarrel with the United States over oil supplies, the kingdom's energy minister Prince Abdulaziz bin Salman said, Reuters reports.

The Saudi Arabia-led OPEC+ group of oil producers' decision this month to cut oil production targets sparked a war of words between the White House and Riyadh ahead of the kingdom's Future Investment Initiative (FII) forum attended by top U.S. business executives.

Relations between the two traditional allies have already been strained over the Joe Biden administration's stance on the 2018 killing of Saudi journalist Jamal Khashaggi and the war in Yemen, as well as Riyadh's growing ties to China and Russia.

Saudi Investment Minister Khalid al-Falih earlier said Riyadh and Washington would get over their unwarranted quarrel, emphasizing longstanding corporate and institutional ties.

The OPEC+ cuts have raised concerns in Washington about the possibility of higher gasoline prices ahead of the November midterm elections in the U.S., when Democrats are trying to maintain control of the House and Senate.

Biden promised consequences for U.S. relations with Saudi Arabia following the OPEC+ decision.