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OPEC is under US pressure to help Saudi Arabia hit the region's economy
18:56 - 01/07/2018
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The economic expert in the name of Antoine, on Sunday, the submission of the Organization of Petroleum OPEC to US pressure with the help of Saudi Arabia to reduce oil prices and the political and economic impact on the countries of the region.
"US President Donald Trump, with the help of King Salman bin Abdul Aziz, aims to increase Riyadh's output to more than 2 million barrels in order to influence the rise in oil prices and hit the economy of the countries of the region," Antoine said in a statement. To American pressure for fear of its interests with Washington and make it a tool in the hand of the American president in the economic and political war. "
He added that "Trump contact the king of Saudi Arabia to force him to increase oil production, fearing the exposure of America to the oil shortage in its strategic stockpile," noting that "Saudi Arabia close to America and subject to all orders."
US President Donald Trump announced on Saturday that Saudi King Salman bin Abdul Aziz agreed to increase oil production following a telephone conversation.
This comes a week after OPEC announced the lifting of production by one million barrels per day from July, in an attempt to pressure Iran and Russia and hit their economies as well as the countries of the region, which depends on oil exports budgets.
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