• Had a good series of meetings and Saudi Arabia
• opening airspace is a big deal
• we have accomplished has some significant business with Saudi’s
• hopes it will lead to a broader normalization of relations
• hopes opening of airspace 2 flights to and from Israel will lead to a broader normalization and relations
• agreed to work to deepen and extend the Yemen cease-fire
• discussed Saudi defensive needs
• Saudi will partner with US on clean energy initiative
• had good discussion on ensuring global energy security and adequate oil supplies
• I’m doing all I can to increase oil supply for the United States
• the race murder of journalists Khashoggi in meeting made my view crystal-clear
• we discuss human rights and the need for political reform
• have finalize the agreement to connect Iraq’s electric grid to the GCC grid through Kuwait and Saudi Arabia
• we are not going to leave a vacuum in the Middle East for Russia or China to fill
• Crown Prince said he was not personally responsible for Khashoggi’s murder
• gas prices have been coming down every single day
• we’ll see more declines when gas stations start to lower their price consistently
• I’ll use every power I have is present to fulfill pledge on global warming

Meanwhile a Saudi Arabia and official said:

• they are corroborating with OPEC+ to ensure enough supply of oil
• If they see evidence of oil scarcity, they will produce more

/Inflation

This article was written by Greg Michalowski at www.forexlive.com.