Trump to Ask Saudi Arabia and OPEC to Lower Oil Prices to End Russia-Ukraine War
Jan 23, 2025, 05:13 PM
President Donald Trump announced that he will ask the Crown Prince of Saudi Arabia and OPEC to lower oil prices, stating that if oil prices drop, the Russia-Ukraine war would end immediately. Speaking via video link at the World Economic Forum in Davos, Trump said he would request Saudi Arabia and OPEC to bring down the cost of oil.
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Markets
Yes • 50%
No • 50%
Oil price indexes such as Brent Crude or WTI, reported by financial news
No • 50%
Yes • 50%
Official statements from Saudi Arabia, OPEC, or credible news sources
No • 50%
Yes • 50%
Official announcements from the governments of Russia and Ukraine or credible news sources
Decrease by more than 10% • 25%
Increase • 25%
Remain stable • 25%
Decrease by 1-10% • 25%
Oil price indexes such as Brent Crude or WTI, reported by financial news
No official response • 25%
Oil prices are lowered • 25%
Oil prices remain unchanged • 25%
Oil prices increase • 25%
Official statements from Saudi Arabia, OPEC, or credible news sources
Lower oil prices • 25%
Diplomatic negotiations • 25%
Military victory • 25%
Other factors • 25%
Official announcements from the governments of Russia and Ukraine or credible news sources