16 Apr 2024
Wednesday 3 October 2018 - 18:02
Story Code : 322006

Trump: Saudi king wouldnt last 2 weeks without US support

Trump: Saudi king wouldnt last 2 weeks without US support
AP President Donald Trump says Saudi Arabias king might not be there for two weeks without U.S. military support, further increasing his pressure on one of Americas closest Mideast allies over rising oil prices.

As crude oil prices reach a four-year high, Trump repeatedly has demanded OPEC and Saudi Arabia, the worlds biggest oil exporter, push prices down. However, analysts are warning prices could go up to $100 a barrel as the worlds production is already stretched and Trumps sanctions on Irans oil industry take effect in early November.

Criticizing Americas longstanding military relationships with allies has been a hallmark of Trumps presidential campaign and his time in office. Trump returned to that theme Tuesday night in Southaven, Mississippi, mentioning both Japan and South Korea.

However, Trumps comments on Saudi Arabia implied the kingdoms Al Saud monarchy, which oversees the holiest sites in Islam, would collapse without American military support.

We protect Saudi Arabia would you say theyre rich? Trump asked the cheering crowd. And I love the king, King Salman, but I said, King were protecting you. You might not be there for two weeks without us. You have to pay for your military, you have to pay.

Trump didnt elaborate on when he made the comments to Saud Arabias 82-year-old monarch. Trump and King Salman last shared a reported telephone call on Saturday, in which they discussed efforts to maintain supplies to ensure the stability of the oil market and ensure the growth of the global economy, according to the state-run Saudi Press Agency.

There was no immediate reaction Wednesday in Saudi Arabia to Trumps remarks. Riyadh has worked to cultivate warm relations with Trump after having rocky moments with former President Barack Obama.

Saudi Arabia welcomed Trump for his first overseas trip as president. Trumps administration, particularly his son-in-law Jared Kushner, has sought a close relationship with King Salmans son Mohammed bin Salman, the countrys crown price and next in line to the throne.

But oil prices seem to be getting in the way, especially as benchmark Brent crude oil is near $85 a barrel a four-year high. Trump in July tweeted without evidence that Saudi Arabia would increase its production maybe up to 2,000,000 barrels a day. Saudi Arabia currently produces some 10 million barrels of crude oil a day. Its record is 10.72 million barrels a day.

Meanwhile, U.S. gasoline prices are up ahead of November midterm elections in which Trump already faces political headwinds. The average price for a gallon of regular gasoline in the U.S. is $2.88, up from $2.55 a year ago, according to AAA.

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

OPEC and OPEC nations are, as usual, ripping off the rest of the world, and I dont like it. Nobody should like it, he said. We defend many of these nations for nothing, and then they take advantage of us by giving us high oil prices. Not good. We want them to stop raising prices. We want them to start lowering prices and they must contribute substantially to military protection from now on.
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