Saudi Crown Prince hails relationship with Trump

Saudi Crown Prince Mohammad Bin Salman praised his relationship with US President Donald Trump saying, “I love working with him. You know, you have to accept that any friend will say good things and bad things,” he said in a Bloomberg interview published yesterday.

Trump has increased his verbal attacks on Opec as global benchmark Brent crude oil has risen to a four-year high. Trump has also urged Saudi Arabia, the world’s top exporter of crude, to do more to ease prices.

“We never in the history of Saudi Arabia decided that this is the right or wrong oil price,” Prince Mohammad said. “The oil price depends on trade - consumer and supplier - and they decide the oil price based on trade and supply and demand. What we are committed to in Saudi Arabia is to make sure there is no shortage of supply.”