Oil Industry: Donald Trump says the Saudi King has agreed to increase oil production up to 2 million barrels

U.S. President Donald Trump said Saturday in a tweet that King Salman of Saudi Arabia had accepted his request to increase oil production "perhaps up to 2,000,000 barrels" to make up for it. production from Iran and Venezuela.

The Saudi authorities have no immediate comment.

The world's leading oil exporter plans to pump up to 11 million barrels of oil a day in July, said a source in the oil industry at Reuters this week after OPEC agreed with 1 million bpd

Trump tweeted: "I just spoke to King Salman of Saudi Arabia and explained to him that because of the turmoil and disorder in Iran and Venezuela, I ask Saudi Arabia to increase its oil production up to 2,000,000 barrels … up to the difference … the prices high! He accepted! "

The Trump Administration is pushing countries to cut off all Iranian oil imports from November when the United States re-imposes sanctions on Tehran, after Trump withdrew from a nuclear deal concluded in 2015 between Iran and six major powers. "agreement.

This agreement was aimed at reducing Tehran's nuclear capabilities in exchange for the lifting of certain sanctions. Trump ordered the reimposition of US sanctions against Iran that were suspended under the agreement.

U.S. Authorities urge their allies in Europe, Asia and the Middle East to adhere to sanctions, which aim to put pressure on Iran to negotiate a follow-up agreement to stop its programs. nuclear.

State Department officials said this week that the United States was willing to work with countries on a case-by-case basis to help them reduce Iranian oil imports.

China, the world's largest buyer of crude oil, imported an average of 655,000 barrels a day from Iran in the first quarter of this year, according to official Chinese customs data, more than a quarter of all exports. Iranian.

Oil badysts said that OPEC producers may not be able to fully supply the market if Iranian oil is cut off from the market.