Recently inaugurated U.S. President Donald Trump announced on 23/1/2025 that he will ask Saudi Arabia and OPEC to lower oil prices, in a move aimed at exerting pressure on Russia to end the war in Ukraine.
Saudi Crown Prince Mohammad Bin Salman (MBS) is cautious about Trump’s requests and is strategically analyzing the Kingdom’s next move.
This note sheds light on MBS’ views regarding Trump’s requests, including:
- MBS concerns over lowering oil prices
- Effects of complying with U.S. demands
- Saudi and OPEC+ current priorities
The note also focuses on the factors that might prompt the Kingdom to lower oil prices.
