The US oil price website quoted sources close to the White House that President Donald Trump is looking into all available options to make the Saudis pay the price of the energy price war, including the introduction of a law that allows Aramco to be sued and accessed its money.

The site specializing in economic affairs, indicates that many advisers close to President Trump are pushing for the price of Saudi Arabia, especially with the elections approaching and the financial market and economy collapsing.

One option is to withdraw US support for the Saudi royal family.

Oil Price explains that this relationship was founded in 1945 between US President Franklin D. Roosevelt and the Saudi king at the time, Abdul Aziz. The deal between the two men stipulated that the United States would receive all the oil supplies it needed as long as the Kingdom of Saudi Arabia had oil, and in return the United States would guarantee the security of the Al Saud family, the ruling family.

But the deal - and speaking to the American site - has changed little since the rise of the American shale oil industry and Saudi Arabia's attempt to destroy it between 2014 and 2016, as the United States does not expect Riyadh to guarantee the United States with the oil it only needs, but it should also allow the American shale industry to continue Work and growth.

And whenever Trump feels the lack of understanding on the part of Saudi Arabia for the huge benefit that the United States offers to the ruling family, he affirms that "Saudi King Salman will not continue in power for two weeks without the support of the American army."

Besides withdrawing American support, there are other options available to the United States as temporary measures. Early in the oil price war, Trump said, “I will do everything I have to do to protect tens of thousands of energy workers and our major companies.” He added that plans to impose customs duties on Saudi Arabia’s exported oil. To the United States "definitely a tool available".

"Oil Price" stressed that setting customs duties on Saudi oil instead of Russian oil will have two main meanings: First, the United States imports about 95% of oil from Saudi Arabia, more than it imports from Russia, so imposing sanctions on Russian oil will not be It has little impact on the abundance of American supplies. Second, Russia is in a much better economic position than Saudi Arabia, and it can deal with any shocks on its oil-related revenue flows.

He added that Saudi Arabia currently provides one of the few sources of acid ore available to the United States, which is necessary for its production of diesel fuel, explaining that other major historical sources of the United States cannot fill the vacuum, especially with the sanctions still imposed on Venezuela's oil exports, and Mexican flows that are not Trusted.

With the elections approaching, the last thing the US president wants now is higher diesel prices or less production, which would exacerbate the economic crisis that has been greatly affected by the spread of the Corona virus.

The Nobek Law
is among the options available on the table in light of the growing suspicion of the two Legislative Councils in the United States towards the Saudis;

The site quotes sources in the main administration that resubmitting the NOPEC law to the table may be sufficient to persuade the Saudis to significantly increase the production cut agreed in the past with the Russians. As Oil Price has made clear, pressure for Trump to sign the NOPEC bill has been on the rise since the Saudis launched the recent oil price war.

The NOPEC bill would actually make it illegal to restrict oil and gas production or set prices. Moreover, the bill would also immediately abolish the immunity of sovereignty that currently exists in US courts for OPEC as a group, and each member state; this would leave Saudi Arabia vulnerable to prosecution. Under current US antitrust legislation.

Above all, the United States has the legal right to freeze all Saudi bank accounts in the United States, seize its assets in the kingdom, and stop all Saudis using the US dollar anywhere in the world.

It will also allow the United States to pursue Saudi Aramco and its assets and money, as it is still a state-owned production and trading vehicle, and this means that Aramco can be required to divide into smaller companies without this being considered a breach of competition rules in the oil, gas and petrochemical sectors or affecting The price of oil.