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Saudi Arabia warns Trump on blocking oil imports

Friday, November 18, 2016 9:57
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(Before It's News)

The Saudis were planning on having another paid-for stooge in the White House. Instead, they have a President coming in who has vowed to create “complete energy independence” for the U.S. And so they’re already resorting to “warnings,” i.e., veiled threats.

saudiwhitehousegovphoto

“Saudi Arabia warns Trump on blocking oil imports,” by Pilita Clark, Financial Times, November 15, 2016:

Saudi Arabia has warned Donald Trump that the incoming US president will risk the health of his country’s economy if he acts on his election promises to block oil imports.

In a sign of the difficulties Mr Trump faces over his campaign pledges to create “complete American energy independence” from “our foes and the oil cartels”, Saudi Arabia’s energy minister pointedly reminded the president-elect that the US “benefits more than anybody else from global free trade”, adding, “energy is the lifeblood of the global economy”.

“At his heart President-elect Trump will see the benefits and I think the oil industry will also be advising him accordingly that blocking trade in any product is not healthy,” Khalid al-Falih, who is also chairman of Aramco, the state-run oil company, told the Financial Times in Marrakesh, where he is leading Saudi Arabia’s delegation in UN climate talks….

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