Trump cheers Saudi oil price cut as crude slides to rare discount
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Trump cheers Saudi oil price cut as crude slides to rare discount

Trump points to falling oil prices as Saudi Aramco slashes its main crude grade by $11 a barrel, selling to Asian buyers at a discount for the first time since its 2020 price war.

Richard Miniter
By
First Published: July 6, 2026, 7:12 PM EST

WHITE HOUSE — Donald Trump celebrated falling oil prices, pointing to a rare Saudi discount, by mentioning the source (see bloomberg) on truthsocial on July 6, 2026 at 2:00 PM EST.