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Saudi Arabia 'persuaded' to help offset high oil price

The telephone exchange is another sign of how US-Saudi ties have improved under

Saudi Arabia ‘persuaded’ to help offset high oil price
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US President Donald Trump is pictured during a meeting at the Istana in Singapore | Reuters photo

Brian Wingfield & Javier Blas | Bloomberg
US President Donald Trump said he persuaded Saudi Arabia to consider steps that would boost oil production, a move that would stretch the world’s biggest exporter to the limit and threaten to blow up a fragile truce agreed by OPEC last week.
 
“Just spoke to King Salman of Saudi Arabia and explained to him that, because of the turmoil & dysfunction in Iran and Venezuela, I am asking that Saudi Arabia increase oil production, maybe up to 2,000,000 barrels, to make up the difference...Prices to high! He has agreed!,” Trump said on Twitter Saturday.
 
Saudi King Salman bin

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