Trump gave Saudi Arabia an ultimatum to cut oil supply or lose US military support

U.S. President Donald Trump Saudi Arabia's Crown Prince Mohammed bin SalmanREUTERS/Kevin Lamarque/File Photo

  • US President Donald Trump gave Saudi Crown Prince Mohammed bin Salman an ultimatum to end its oil price war with Russia — cut oil prices or lose US military support.
  • Earlier this month, Trump told bin Salman that unless the OPEC started cutting oil production, he would be powerless to stop lawmakers from passing legislation to withdraw U.S. troops from the kingdom, four sources familiar with the matter told Reuters.
  • "They were having a hard time making a deal. And I met telephonically with him, and we were able to reach a deal" for production cuts, Trump said.
  • Visit Business Insider's homepage for more stories.

WASHINGTON/LONDON/DUBAI (Reuters) - As the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump gave Saudi leaders an ultimatum.

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, four sources familiar with the matter told Reuters.

See the rest of the story at Business Insider

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