Trump says Saudi King wouldn't last two weeks without USA support

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The Saudi Arabian monarchy would fall "within two weeks" if it wasn't for the military support that the USA has provided to the Gulf kingdom over the decades, Donald Trump noted in graceless remarks to the King. Would you say they're rich? "And I love the king, King Salman, but I said, 'King we're protecting you".

"Mr Trump is very angry with some countries for not being able to replace the Iranian oil and has expressed this anger in his remarks to the Saudi king and to OPEC for not increasing output", he said.

Saudi Arabia has increased crude production "significantly" to a near-record level amid intense pressure from U.S. President Donald Trump to reduce prices. Trump told a campaign rally in the USA state of MS on Tuesday night.

Oil traded below a four-year high on Wednesday as top exporter Saudi Arabia said it increased output to near a record high and after Reuters reported that Russian Federation and Saudi Arabia had struck a private deal in September to pump more. However, analysts are warning prices could go up to $100 a barrel as the world's production is already stretched and Mr. Trump's sanctions on Iran's oil industry take effect in early November.

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Trump called King Salman on Saturday to discuss efforts to maintain supplies to ensure oil market stability and global economic growth, according to Saudi state news agency SPA.

Trump made Saudi Arabia his first stop on his maiden worldwide trip as president previous year.

The comments come just days after Trump complained that Washington was "subsidising" Saudi Arabia's military, echoing similar jibes at European members of the North Atlantic Treaty Organisation alliance.

Trump made Saudi Arabia his first stop on his maiden worldwide trip as president past year.

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Driving oil higher is a supply pinch as Iranian oil buyers like South Korea and India have started to scale back purchases ahead of the implementation of USA sanctions against Iran despite some sentiment that the sanctions won't stick.

US crude inventories rose by 907,000 barrels, the American Petroleum Institute said on Tuesday, ahead of Wednesday's official supply report due at 1430 GMT.

He further added, "we defend many of these nations for nothing, and then they take advantage of us by giving us high oil prices. Not good. We want them to stop raising prices, we want them to start lowering prices", he said.

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