Trump Urges OPEC to Lower Oil Prices to Help End Ukraine War

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During a video address at the World Economic Forum in Davos, Switzerland, U.S. President Donald Trump urged the Organization of the Petroleum Exporting Countries (OPEC) to reduce oil prices, stating that such a move could help bring an end to the ongoing war in Ukraine. Trump expressed surprise that OPEC had not acted on lowering prices sooner, particularly before the recent elections.

He emphasized that high oil prices are sustaining the conflict, asserting, "If the price came down, the Russia-Ukraine war would end immediately." Trump also signaled his intention to seek assistance from China in resolving the conflict, highlighting the humanitarian costs of the war as a driving factor behind his appeals to global leaders.

In addition to addressing the war, Trump reaffirmed the United States' commitment to utilizing its abundant fossil fuel resources, proclaiming that tapping into American oil and gas would bolster economic growth and facilitate manufacturing within the country. He encouraged international businesses to invest in American production by promising them some of the lowest tax rates globally, while warning that those who choose not to manufacture in the U.S. would face tariffs.

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