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Trump says he will ask Saudi Arabia and OPEC to lower oil prices

Donald Trump, US President

© APA | Donald Trump, US President

# 23 January 2025 20:00 (UTC +04:00)

US President Donald Trump also speaks of taking a major intervention in the oil market, calling on Saudi Arabia to increase its investments in the US to $1 trillion (£810m), but also to bring the oil price down, APA reports citing BBC.

He says this will help bring the Ukraine war to an end too, presumably by collapsing Russia’s war budget.

“I'm also going to ask Saudi Arabia and OPEC to bring down the cost of oil. You got to bring it down, which, frankly, I'm surprised they didn't do before the election,” Trump says.

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