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US wants Saudis to calm oil market down

U.S. Secretary of State Mike Pompeo and Saudi Crown Prince Mohammed bin Salman discussed in a phone call the need to maintain stability in global energy markets as the world responds to the deadly coronavirus pandemic, with Pompeo saying Saudi Arabia can reassure markets, the State Department said on Wednesday.

“The Secretary stressed that as a leader of the G20 and an important energy leader, Saudi Arabia has a real opportunity to rise to the occasion and reassure global energy and financial markets when the world faces serious economic uncertainty,” according to the statement.

Source: Reuters

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