Trump once again calls for OPEC to drop oil prices

ASHEVILLE, NC. (Reuters) – U.S. President Donald Trump on Friday reiterated his call for OPEC to cut oil prices to hurt oil-rich Russia’s finances and help bring an end to the war in Ukraine.

“One way to stop it quickly is for OPEC to stop making so much money and drop the price of oil…. That war will stop right away,” Trump said as he landed in North Carolina to view storm damage.

This post is originally published on INVESTING.

  • Related Posts

    Oil falls after Trump reverses Colombia sanctions threat

    By Anna Hirtenstein LONDON (Reuters) -Oil prices wavered on Monday after the U.S. and Colombia reached a deal on deportations, reducing immediate concern over oil supply disruptions but keeping traders…

    Dollar gains on tariffs fears; euro looks to ECB meeting

    Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Weekly Recap: eToro Launches 24/5 Trading for Top 100 US Stocks, AETOS Surrenders FCA License

    • August 2, 2025
    Weekly Recap: eToro Launches 24/5 Trading for Top 100 US Stocks, AETOS Surrenders FCA License

    What Is the Difference Between Pip and Point in Forex?

    • August 1, 2025
    What Is the Difference Between Pip and Point in Forex?

    Interactive Brokers’ Trading Activity Jumps 27% as Client Assets Surge

    • August 1, 2025
    Interactive Brokers’ Trading Activity Jumps 27% as Client Assets Surge

    What Is the Gold Standard and Why Do Some Countries Want It?

    • August 1, 2025
    What Is the Gold Standard and Why Do Some Countries Want It?