“We want OPEC to lower the price of oil, it will automatically halt the tragedy that occurs in Ukraine,” said Trump at the airport in Asheville, North Carolina. The president avoided answering the question of what would happen if the cartel did not respond to his calls, but reiterated that it was in his opinion the key to the "quick end of the war".
— 1 way to end the war rapidly is for OPEC to halt making so much money and cut oil prices. Now they have it on a good and advanced level and if it's so high, this war won't end so easily. So I hope that they will take care of it, they should reduce the price of oil and this will end the war immediately," he added.
Trump blames Biden
Trump made a akin appeal during his virtual appearance at the planet economical Forum in Davos. The fresh U.S. president has long blamed his predecessor for his policies contributing to the Russian invasion, allowing advanced oil prices. In his opinion, this allowed Russia to finance its aggression.
The Saudi-led cartel of oil-producing states led by Arabia, despite the force of Joe Biden's administration, reduced the extraction of natural material shortly after the Russian invasion, which further contributed to higher prices. The United States remained under Biden's word of office the largest maker of natural material in the world, before Saudi Arabia and Russia.
On Thursday, Trump had a telephone conversation — his first since his swearing in — with the Saudi Crown Prince and the actual country leader Muhammad ibn Salman. The White home Communication does not state whether the leaders talked about oil. However, the Saudi leader was to declare that he intends to invest 600 billion dollars in America for the next 4 years. erstwhile asked about this on Thursday, Trump did not regulation out that it was in Saudi Arabia that he would make his first abroad journey in his second term.
