Saudi Arabia struggling to sell oil after raising output to please Trump, say financial experts
Saudi Arabia has rushed to boost oil production under pressure from US President Donald Trump – only to discover that global markets might not need it yet, according to some financial experts. The kingdom’s crude oil output surged the most in three years last month, as the US president demanded his ally’s help in cooling petrol prices and filling in the supply gap that will be created by his sanctions on Iran.
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