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Inside Trump’s Hardball Strategy to Control Global Oil Prices

OilPrice.com Tuesday, 29 April 2025 ()
No previous U.S. government nor its now second-term President Donald Trump are known for their forgiving natures of supposed past betrayals. This is particularly true when the transgressor has been an entity on which both have been forced to rely for any length of time. Saudi Arabia as one of the world’s leading oil suppliers and the de facto leader of oil cartel OPEC for decades has been regarded with deep distrust by Washington since it catalysed the 1973/74 Oil Crisis at a time when the U.S. and its allies were still dependent on it for…
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