The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in the US.
US President Donald Trump on Thursday said he will pressure Saudi Arabia and the Organization of the Petroleum Exporting Countries (OPEC) to decrease oil prices. Trump was addressing OPEC and other world leaders gathered in Davos on Thursday.
DAVOS, Switzerland (Reuters) - Saudi Arabia's foreign minister said on Tuesday he did not see Donald Trump's new administration contributing to the risk of a war between Israel and Iran, addressing an issue the region has feared since the start of Israel's war in Gaza.
President Donald Trump used a virtual address at the World Economic Forum in Davos, Switzerland, to tout a recent investment of $600 billion over the next four years from Saudi
U.S. President Donald Trump on Thursday said he will demand Saudi Arabia and OPEC bring down the cost of oil and will ask Riyadh to increase a planned U.S. investment package to $1 trillion from an initial reported $600 billion.
A Washington Post opinion writer condemned President Donald Trump's characterization of Saudi Crown Prince Mohammed bin Salman (also known as MBS) as "a fantastic guy." Trump made the comment during a virtual address at the World Economic Forum in Davos,
Oil markets sank on Friday, a day after U.S. President Donald Trump pressured OPEC and its de facto leader Saudi Arabia to lower prices in a broad push to drive up crude production.
President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the central bank.
Saudi Arabia’s membership in the BRICS bloc of emerging economies is still being assessed more than a year after the kingdom was invited to join the alliance, according to the country’s minister of economy and planning.
Trump's virtual appearance at the World Economic Forum annual meeting in Davos was full of promises and threats.
The prices of the benchmark crude oil have slumped. Crude oil prices decreased after US President Donald Trump, familiar with his guise of functioning, issued a new set of threats, vowing to impose additional sanctions on Russia.
US President Donald Trump has said he will demand the country's central bank to lower interest rates when crude oil prices come down.