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After Opec criticism, Trump calls Saudi King to discuss oil mkt, relations

Trump's been increasing the pressure on OPEC, saying it's pushing oil prices too high

Opec, crude oil
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Jared S Hopkins and Javier Blas | Bloomberg
Donald Trump spoke on the phone Saturday with King Salman bin Abdulaziz of Saudi Arabia, days after the US president’s latest criticism of Opec over high oil prices.

The pair discussed efforts to maintain supplies to ensure the stability of the oil market and growth of the global economy, plus the strategic partnership between the two countries, Al Arabiya TV reported, without providing more details. The White House said Trump and the King spoke on “issues of regional concern.”

Hedge funds are watching Trump’s back-and-forth with the kingdom for any signs that the US might take action against the country

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First Published: Sep 30 2018 | 1:48 PM IST

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