US President Donald Trump said he persuaded Saudi Arabia to consider steps that would boost oil production, a move that would stretch the world’s biggest exporter to the limit and threaten to blow up a fragile truce agreed by OPEC last week. “Just spoke to King Salman of Saudi Arabia and explained to him that, because of the turmoil & dysfunction in Iran and Venezuela, I am asking that Saudi Arabia increase oil production, maybe up to 2,000,000 barrels, to make up the difference...Prices to high! He has agreed!,” Trump said on Twitter Saturday. Saudi King Salman bin Abdulaziz and Trump, in a phone call Saturday, discussed efforts by the oil-producing countries to compensate potential shortages in oil supply, the state-run Saudi Press Agency reported. The two leaders stressed the importance of maintaining oil-market stability, according to the report. The agency didn’t say the leaders agreed or make any reference to 2 million barrels.
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