Trump’s oil plan to end Ukraine war.
Oil fell 1% on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring down its cost during his address at the World Economic Forum.
U.S. President Donald Trump on Thursday proved that words can be just as powerful as actions — at least temporarily — after his promise to ask the Saudis and OPEC to lower the cost of oil led to a downturn in crude prices.
President Trump is urging Saudi Arabia and OPEC to increase oil output to pressure Russia into ending the war in Ukraine, while also threatening additional sanctions against Russia.
President Donald Trump called on the Organization of the Petroleum Exporting Countries to lower oil prices during the World Economic Forum on Thursday, saying it would immediately end the war in Ukraine.
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We explore Donald Trump's bold assertion that lower oil prices could end the ongoing war in Ukraine. Having entered the White House with claims he could bring the conflict to a halt in 24 hours, Trump now believes pressuring OPEC to boost oil production could force President Putin to the negotiating table.
Nigeria is preparing to persuade the Organisation of Petroleum Exporting Countries (OPEC) to increase its oil production quota as
President Donald Trump has taken a harder line with Russian President Vladimir Putin than many in Ukraine expected, pressuring him to reach a deal with Ukraine to end the war.
President Donald Trump is emphasizing that targeting Russia's oil revenue is the best way to get Moscow to end its nearly three-year war against Ukraine.
Shoigu, who leads the Kremlin's security council, told Tass, "Amid increased conflict behavior and intensified geopolitical rivalry, global risks of a military confrontation between large players, including nuclear powers, are heightening," specifically identifying Western countries as major players.