Saudi king wouldn’t last 2 weeks without USA support: Donald Trump

Larry Hoffman
October 4, 2018

US President Donald Trump on Tuesday said Saudi Arabia's king "might not be there for two weeks" without US military support, as he sought to pressure the close American ally over rising oil prices.

Trump called King Salman on Saturday and they discussed efforts being made to maintain supplies to ensure oil market stability and global economic growth, according to Saudi state news agency SPA.

As oil prices have risen above US$80 a barrel, Trump has heaped more pressure on the world's top exporter of crude to do more to subdue the market and reimburse the costs of American military presence in the region.

Trump criticized oil producers in his speech before the U.N. General Assembly last week. And I love the King ...

Trump continued the pressure campaign at a campaign rally in MS on Tuesday, where he offered some details about the conversation. "You have to pay for your military, you have to pay.'" Whether or not he actually said this to the King is questionable, but the fact that he appears to be insulting the Saudi monarchy in public offers more evidence that he wants them to lower oil prices from today's highs.

"We're meeting every single demand for barrels", Al-Falih said.

In this photo provided by the Saudi Press Agency, King Salman attends a swearing in ceremony in Riyadh, Saudi Arabia, on November 6, 2017.

Are Saudi Arabia and Russian Federation helping Trump out by agreeing to increase oil production? Commodity trading company Trafigura forecast Brent crude oil could hit $100 by the end of the year, and Bank of America isn't far behind with a $95 price forecast, although for the second quarter of 2019.

But despite the Trump's comment, his administration has kept a close relationship with the Saudi kingdom. Not good. We want them to stop raising prices.

Trump made the remarks about the close US ally during a campaign rally in MS on Tuesday, drawing applause from supporters.

He has also pressed other US allies, such as Japan, South Korea and Germany, to take more of the financial burden of their defense.

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