Commodities & Energy

Reuters reveals Trump told Saudi Arabia to cut oil supply or lose U.S. military support

Reuters reveals Trump told Saudi Arabia to cut oil supply or lose U.S. military support

In a special report, Reuters revealed that as the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump gave Saudi leaders an ultimatum. According to Reuters sources, in an April 2 phone call, Trump told Saudi Crown Prince Mohammed bin Salman that unless the Organization of the Petroleum Exporting Countries (OPEC) started cutting oil production, he would be powerless to stop lawmakers from passing legislation to withdraw U.S. troops from the kingdom. The threat to upend a 75-year strategic alliance was central to the U.S. pressure campaign that led to a landmark global deal to slash oil supply as demand collapsed in the coronavirus pandemic.