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Friday, May 1, 2020

Trump threatens to withdraw troops from Saudi Arabia if oil production is not reduced


USA has threatened to withdraw its troops from Saudi Arabia if it does not reduce its oil production and supply.

The United States has been urging Russia to end its standoff over oil prices with Saudi Arabia for weeks, and US President Donald Trump has issued an ultimatum to Saudi leaders.

Sources told Reuters that on April 2, Trump had a telephone conversation with Saudi Crown Prince Mohammed bin Salman, saying that as long as the Organization of the Petroleum Exporting Countries (OPEC) does not reduce oil production. Until then, they will be powerless to stop legislation on the withdrawal of US troops from Saudi Arabia.

Never before has there been a report of a threat to dismantle this 75-year-old strategic alliance, and its main purpose is to press for a historic US oil deal where the Corona virus Demand for this specialty has grown significantly as a result of recent corporate scandals.

According to US administration sources who attended the briefing, Trump delivered the message to the Saudi Crown Prince 10 days before the announcement of the reduction in oil production, and the threat had such an effect on Muhammad bin Salman that he Everyone in the room was ordered to leave so that they could continue their conversation in secret.

Trump's efforts are aimed at saving the US oil industry from collapse during the crisis of falling oil prices, where the corona virus has hit economies around the world. Here, too, is the U.S. president, who has in the past criticized oil companies for cutting oil production and raising oil prices because it has cost the American people more energy. I had to buy electricity. But now the US president himself is urging OPEC countries to reduce oil production.

A senior US official told Reuters that the US administration had told Saudi Arabia that if it did not reduce its oil production, it would not be able to stop the US Congress from imposing sanctions on it. Withdrawal from Saudi Arabia is certain.

"Saudi Arabia was clearly told in the message that we are defending our industry while you are destroying it," he said, summarizing talks between Saudi and US leaders.

When asked by Reuters on Wednesday if he had threatened the Saudi Crown Prince with the withdrawal of US troops, he said, "I don't need to tell him."

When asked what he said to the Saudi Crown Prince, Trump replied that Saudi Arabia and Russia are having difficulty reaching an agreement, I spoke to the Saudi Crown Prince on the telephone and we cut production. Managed to reach an agreement.

When contacted, Saudi officials did not respond to a request for comment, but a Saudi official said on condition of anonymity that the agreement "reflects the wishes of OPEC and all oil-producing countries." does.

He declined to comment on the talks between US and Saudi leaders, saying that Saudi Arabia, the United States and Russia have a key role to play in the OPEC and oil production reduction agreement, but that the 23 participating countries are cooperating. It would not have been possible without it.

A week before the US president's call to the Saudi Crown Prince, Republican senators Kevin Kramer and Dan Sullivan introduced a resolution saying that if Saudi Arabia does not reduce oil production, the US in Saudi Arabia Troops, Patriot missiles and anti-missile defense systems should be removed.

Pressure was mounting on Saudi Arabia and Russia to ratify the resolution after Russia refused to cut production in defiance of OPEC's oil supply agreement. Later, Saudi Arabia also increased its oil production and started supplying oil to the world market on a large scale.

On April 12, as a result of Trump's pressure, the world's largest oil producers outside the United States agreed to the largest oil production reduction agreement in history.

OPEC, Russia and other oil-producing allies cut production by 9.7 million barrels per day, or about 10 percent of world production, with Russia and Saudi Arabia suffering the most as more than half of their production fell. From countries where both countries had to reduce production by 2.5 million barrels.

Despite a 10 percent drop in global production, global oil prices continue to fall, and US oil prices fell below last week as oil sellers had nowhere to go.

At the beginning of the year, Brent was priced at 70 a barrel, but it dropped to 15 a barrel, the lowest price since 1999.

Now, with the reduction in oil production and the resumption of normalcy after the end of lockdowns by various countries, global oil prices will definitely rise.

Whatever the outcome of these talks, they are currently a living example of US influence over oil-producing countries.

When asked by Reuters if Trump had threatened the Saudi Crown Prince with the withdrawal of US troops, US Secretary of Energy Dan Brolett said he had the right to take any steps to ensure the safety of his oil production. Including our withdrawal from their defense needs.

The US-Saudi strategic partnership began in 1945 when then-US President Franklin Roosevelt met with King Abdulaziz bin Saud of Saudi Arabia on the USS Quincy.

Saudi Arabia gave the United States access to its oil reserves in return for which the United States used its military to defend itself.

Currently, 3,000 US troops are stationed at various bases in Saudi Arabia, and the US Navy ensures the security of oil exports from the region.

Saudi Arabia relies entirely on the United States for arms supplies and protection from rivals such as Iran.

Saudi Arabia's failures and weaknesses became apparent last year when 18 drones and three missiles hit Saudi Arabia's largest oil installations, and the United States blamed the attacks on Iran.

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