Saudi Arabia to raise the oil investments in the US

U.S. Iulia Postelnicu
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The country thinks Donald Trump has a benefic policy and plans on investing more in the oil for the United States.

Trump’s administration plans on introducing a policy that will make energy focused on fuel. Apparently, Saudi Arabia is happy about this decision and wants to take part.

The minister of energy from Saudi Arabia gave an interview to BBC. He revealed that the new American president’s plans are “good for the oil industry and I think we have to acknowledge it”.

Trump also plans on establishing an independence of the energy. In response to that, the government of Saudi Arabia agrees with it. They will respect their decision, as the country has a valuable place in the energy area.

If the” global energy demand” is in growth, “we welcome them,” continues the minister.

The country has invested a lot in US until now. If things will continue for the best and if Trump’s plan will be benefic, Saudi Arabia will invest even more.

Recently, Trump banned Muslim citizens to US and affected seven countries, Saudi Arabia was not amongst them.

According to reports, Trump had a conversation over the phone with the monarch of Saudi Arabia, King Salman. Amongst others, they discussed about a cooperation in the economic field and for establishing a strong relationship.

The two leaders also talked about the Syrian refugees and how to fight against terrorism in that part of the world.

It looks like the two countries will establish a strong connection and enhance the US economy.