Trump said he planned to ask the oil cartel to lower prices, which he said would lead to a swift end to Russia's war in Ukraine.
US President Donald Trump on Thursday said he will pressure Saudi Arabia and the Organization of the Petroleum Exporting Countries (OPEC) to decrease oil prices. Trump was addressing OPEC and other world leaders gathered in Davos on Thursday.
President Donald Trump took to Truth Social on Wednesday to tell Russian President Vladimir Putin the war in Ukraine has to end or else he’ll levy taxes, tariffs, and sanctions. On Thursday, he spoke on the Russia-Ukraine war (among other topics) virtually at the World Economic Forum at Davos,
During a speech to the World Economic Forum on Thursday, President Donald Trump pressured the Saudi Crown Prince to increase his planned $600 billion investment in the U.S. "to a round $1 trillion" and to lower the global price of oil.
US President Donald Trump said the russia-Ukraine war would "end immediately" if oil prices fell.His words were quoted by The Guardian on Thursday, January
President Donald Trump touted a new $600 billion investment from Saudi Arabia during a speech to world leaders in Davos.
"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald Trump said.
U.S. President Donald Trump on Thursday announced he would be asking Saudi Arabia and OPEC to bring down the cost of oil and said he would be asking Riyadh to increase a planned U.S. investment package to $1 trillion from an initial $600 billion.
Saudi Arabia was the first foreign country that Trump visited during his first term.
In fact, the Saudi Press Agency’s announcement that the kingdom would invest $600bn was based on the royal palace’s readout of a Wednesday phone call between Trump and Saudi Crown Prince Mohammed bin Salman. This is Trump’s first phone call with a foreign leader since his inauguration earlier this week.
President Trump said he wants OPEC and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.
Saudi Arabian Crown Prince Mohammed bin Salman told President Donald Trump that the kingdom wants to put $600 billion into expanded investment and trade with the United States over the next four years,