Saturday, December 3, 2016

Saudi Arabia warns Trump against banning oil imports






 Cheap oil pushes Saudi Arabia into further budget cuts
Saudi Arabia is cautioning President-elect Donald Trump against carrying out a threat to cut off American purchases of the kingdom's oil.
Trump made the threat earlier this year, saying that if elected he might halt imports of oil from Saudi Arabia and other Arab countries if they don't commit ground troops to fight ISIS, or at least reimburse the U.S. for efforts to battle the terror group.





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