Trump unlikely to act on threat to stop buying Saudi oil

donald trump19/11/2016 (Gulf Business – UAE): President-elect Donald Trump is very unlikely to restrict imports of crude oil from Saudi Arabia despite threats to do so issued during the election campaign. Trump is first and foremost a showman and impresario rather than a policy wonk. Much of what he said on the campaign trail was intended to mobilise support rather than provide a detailed programme for government. The media “never takes (Trump) seriously but it always takes him literally. I think a lot of voters who vote for Trump take Trump seriously but not literally,” as technology billionaire Peter Thiel observed in October. The prospect of an import ban on Saudi crude is one of those things he said that should not be taken seriously but was meant to galvanise support from oil workers hit by the downturn. Trump warned that he would be prepared to stop buying oil from Saudi Arabia unless the kingdom provided ground troops to fight ISIL. He also insisted the kingdom and other Gulf oil producers should compensate the United States for the enormous cost of providing them with military protection…

Trump unlikely to act on threat to stop buying Saudi oil

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