In his video address to the Davos Forum, the American president urged Saudi Crown Prince Mohammed bin Salman to reduce the cost of crude oil. The objective is to limit Russian state revenues and force Vladimir Putin to consider a political resolution to the Ukrainian conflict.
Addressing the World Economic Forum being held at Davos virtually, Donald Trump said he was surprised that it did not happen before his election.
President Donald Trump doubled down on ending the war in Ukraine during his speech at Davos a day after threatening Russia and Putin with tariffs and sanctions.
The leak reveals that Saudi Arabia agreed to pay Russia over 2 billion euros under a contract signed in 2021 involving companies that were repeatedly sanctioned, both before and after Russia’s full-scale invasion of Ukraine.
Washington: US President Donald Trump has expressed his intention to speak soon with Russian President Vladimir Putin in an effort to help settle the ongoing war in Ukraine. Trump’s comments came a day after Putin indicated Russia’s readiness for talks with the U.S. on a range of issues.
Trump in his first days in office has leaned in on the idea that OPEC+, the alliance of oil producing nations, holds the key to ending the war by reducing oil prices.
President Trump is urging Saudi Arabia and OPEC to increase oil output to pressure Russia into ending the war in Ukraine, while also threatening additional sanctions against Russia.
Trump also stated that he does not want to harm Russia but would have no choice but to impose“high taxes, tariffs, and sanctions” on Russian goods if Moscow refuses to agree to a peace deal on Ukraine. Later, Trump expressed his desire to meet with Vladimir Putin as soon as possible to work toward ending Russia's war against Ukraine.
Russia's leader Vladimir Putin on Friday said he was "ready to work together" with U.S. President Donald Trump on Ukraine. Read more here.
Russian president Vladimir Putin is ready to talk to US counterpart Donald Trump but is waiting for signals from Washington first, the Kremlin said on Friday, fuelling expectations the two would be in contact.
Russian President Vladimir Putin said Friday that the 2022 "crisis in Ukraine" -- a reference to Moscow's full-scale military offensive -- might have been averted had Donald Trump been US president at the time.
Russian President Vladimir Putin is attempting to convince US President Donald Trump to abandon his plans to lower global oil prices. If this happens, Putin will be unable to finance his war against Ukraine,