Woodside, page-3890

as the Saudi's are not playing his game this time around..................It is almost impossible to overestimate what this means

The price of oil plays a significant role in Saudi Arabia's foreign policy and its interactions with global powers like the U.S. and figures like Donald Trump. Saudi Arabia, as one of the world's largest oil producers, uses its oil production and pricing strategies as a tool for economic and geopolitical influence.

For instance, Trump has previously urged Saudi Arabia to increase oil production to lower global prices, which could exert economic pressure on countries like Russia. However, Saudi Arabia has to balance such requests with its commitments to OPEC+ agreements and its own economic goals, such as funding its Vision 2030 projects Lower oil prices can strain Saudi Arabia's budget, but they might also align with broader strategic goals, like maintaining alliances or influencing global markets.

In this context, Saudi Arabia's decisions on oil production and pricing are not just economic but deeply tied to its diplomatic strategies and relationships.