
Smashi Business
January 24, 2025 at 04:16 AM
US President Donald Trump has urged Saudi Arabia and OPEC to lower oil prices and called on the kingdom to increase its planned US investment to $1 trillion.
Speaking at the World Economic Forum in Davos, Switzerland, Trump stated he would request Saudi Crown Prince Mohammed bin Salman to expand the initial $600 billion commitment over the next four years, adding, “I think they’ll do that because we’ve been very good to them.”
The announcement follows a meeting where both leaders discussed Saudi Arabia’s economic ambitions and trade ties, emphasizing the strengthening partnership amid global energy and trade discussions.
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