Donald Trump will help Russia and Saudi Arabia to reach agreement

...if necessary

US President Donald Trump wants to talk to Russia and Saudi Arabia about the unprecedented drop in oil prices in recent weeks. “We will sit down together and see what we can do,” said Trump.

Oil prices have fallen into a free fall, not only because of the global outbreak of the new corona virus, but also because of disagreements between Saudi Arabia and Russia over the price strategy to be followed. Both countries have since been flooding the market in a battle for market share.

Trump says he has addressed Saudi Crown Prince Mohammed bin Salman and Russian President Vladimir Putin to the situation, which is also hitting the U.S. oil industry hard.

“The two countries are discussing it,” he says. “And I join in at an appropriate time, if necessary.”

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