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Trump urges OPEC to lower oil prices for Ukraine conflict to end | Trump urges OPEC to lower oil prices for Ukraine conflict to end |
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The US President has claimed that low energy costs could help immediately end hostilities | The US President has claimed that low energy costs could help immediately end hostilities |
US President Donald Trump said on Thursday that lower oil prices could help end the Ukraine conflict immediately. | US President Donald Trump said on Thursday that lower oil prices could help end the Ukraine conflict immediately. |
Trump made his remarks in his address to business and world leaders via teleconference at the annual World Economic Forum (WEF) in Davos, Switzerland. | |
He said he would ask Saudi Arabia and OPEC to bring down global oil prices, claiming “If the price came down, the Russia-Ukraine war would end immediately.” | |
Trump went on to state that “Right now, the price is high enough that the war will continue.” | |
The US president also told the forum that he “really would like to be able to meet with President Putin soon and get that war ended.” | |
During his campaign, Trump repeatedly stated that he would end the fighting within 24 hours if returned to the White House. However, since being back in office he merely issued a thinly-veiled ultimatum to Russia on Wednesday, urging it to bring the Ukraine conflict to an end and strike a “deal,” or face new sanctions and high import tariffs. | |
Trump also confirmed media reports that Saudi Arabia will be investing “at least $600 billion in America,” adding that he would be asking the Crown Prince, “who’s a fantastic guy,” to round this out to about $1 trillion.“I think they’ll do that because we’ve been very good to them,” the US leader stated. |