Speaking at the World Economic Forum in Davos, Switzerland, Trump described Saudi Crown Prince Mohammed bin Salman as “a fantastic guy” and expressed confidence in Riyadh’s willingness to meet his request. “I think they’ll do that because we’ve been very good to them,” Trump said. “If the price came down, the Russia-Ukraine war would end immediately. Right now, the price is high enough for that war to continue. You’ve got to bring down the oil price,” he stated via video link.

Earlier on Thursday, reports revealed that Saudi Arabia had planned to invest $600 billion in US trade and economic ties over the next four years. Crown Prince Mohammed bin Salman also spoke with President Donald Trump in a phone call that evening. During the call, the Crown Prince congratulated Trump’s inauguration and praised the US. Administration’s economic reforms.

The Crown Prince emphasized Saudi Arabia’s commitment to expanding bilateral cooperation in areas such as trade, investment, and counterterrorism, aiming to foster peace, security, and stability in the Middle East. He expressed the kingdom’s interest in participating in US economic opportunities and hinted at potentially exceeding the $600 billion investment target. Trump expressed gratitude to the Saudi leadership for their support and reaffirmed his commitment to strengthening ties between the two nations to advance mutual interests.