Former President Trump has made a bold call for OPEC, specifically Saudi Arabia, to reduce oil prices. He believes that lowering oil prices could weaken Russia’s financial support for its war in Ukraine. Additionally, Trump argues that reducing fuel costs would benefit the US economy, easing inflationary pressures on households and businesses. However, Saudi Arabia’s role in OPEC and its ties with Russia make this request complex, as the kingdom balances economic interests with geopolitical alliances. The full details of this discussion can be found at https://since20230806.blogspot.com/2025/01/trump-pushes-saudi-arabia-to-cut-oil.html
Trump Pushes Saudi Arabia to Cut Oil Prices: Economic and Geopolitical Effects
Trump’s push for OPEC to reduce oil prices could reshape global energy dynamics and US foreign policy. / Picture ⓒ EPA Trump’s Strategic...
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