U.S. Backs off Trump Tweet on Saudis Helping Lower Oil Price

Jul.01 — The White House is appearing to back off a tweet sent by President Trump claiming that he has persuaded Saudi Arabia to boost oil production to its maximum capacity which could affect the fragile OPEC truce and stoke the kingdom’s rivalry with Iran. Bloomberg’s Ros Krasny reports on “Bloomberg Daybreak: Asia.” …read more

Source:: Yahoo Finance

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