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Trump urges OPEC to lower oil prices for Ukraine conflict to end

Trump urges OPEC to lower oil prices for Ukraine conflict to end

The US President has claimed that low energy costs could help immediately end hostilities

Trump urges OPEC to lower oil prices for Ukraine conflict to end

Trump urges OPEC to lower oil prices for Ukraine conflict to end

President of the United States of America (USA) Donald Trump, makes a speech via video-conference during the the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland on January 23, 2025. ©  Halil Sagirkaya/Anadolu via Getty Images

US President Donald Trump said on Thursday that lower oil prices could help end the Ukraine conflict immediately.

Trump made his remarks in his address to business and world leaders via teleconference at the annual World Economic Forum (WEF) in Davos, Switzerland.

He said he would ask Saudi Arabia and OPEC to bring down global oil prices, claiming “If the price came down, the Russia-Ukraine war would end immediately.”

Trump went on to state that “Right now, the price is high enough that the war will continue.”

The US president also told the forum that he “really would like to be able to meet with President Putin soon and get that war ended.” 

During his campaign, Trump repeatedly stated that he would end the fighting within 24 hours if returned to the White House. However, since being back in office he merely issued a thinly-veiled ultimatum to Russia on Wednesday, urging it to bring the Ukraine conflict to an end and strike a “deal,” or face new sanctions and high import tariffs.

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