Trump Calls for Lower Oil Prices to End Conflict

U.S. President Donald Trump urged Saudi Arabia and OPEC to reduce oil prices at the World Economic Forum, claiming it would end the Russia-Ukraine war. He also wants to increase a U.S. investment package with Saudi Arabia to $1 trillion, up from $600 billion.

In a strategic move at the World Economic Forum, U.S. President Donald Trump called upon Saudi Arabia and OPEC to reduce the cost of oil. Trump argued that a decrease in oil prices could potentially bring the Russia-Ukraine conflict to an end.

The President stated that current high oil prices are a catalyst for the ongoing war, suggesting that alleviating these costs would halt the conflict immediately.

Additionally, Trump expressed his intention to negotiate an increase in Saudi investments in the United States, aiming to elevate the investment package from $600 billion to an ambitious $1 trillion.

(With inputs from agencies.)