Saudi Arabia deals blow to Trump’s proposal to slash oil prices│News podcasts

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Saudi Arabia, represented by its Economy Minister Faisal Alibrahim at the Davos forum, affirmed its commitment to global oil market stability, rejecting President Trump's calls for lower prices. Alibrahim stressed the importance of meeting growing demand and highlighted the kingdom's substantial $600 billion investment and trade commitment to the United States, emphasizing the strength of their bilateral relationship. This investment encompasses both public and private sectors. The statement underscores Saudi Arabia's focus on long-term market stability and its continued economic ties with the U.S.
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Source: surl.li/dtucmf