“Today, thanks to the leadership of President (Donald. - RT ) Trump, Russia and Saudi Arabia made a historic deal, putting an end to the price war, which caused unprecedented uncertainty in the global oil markets,” RIA Novosti quoted him as saying.

According to the head of the Ministry of Energy, thanks to Trump, the United States entered the "historical era of growth in energy production."

“Although the drop in demand caused by COVID-19 and the price war have severely damaged the industry, I’m sure that it will recover soon and become stronger than ever before,” Bruyett emphasized.

Earlier, trump thanked Russian President Vladimir Putin and King of Saudi Arabia Salman bin Abdel-Aziz Al Saud for the conclusion of the OPEC + deal to reduce oil production.

On April 12, OPEC + countries signed an agreement to reduce oil production by 9.7 million barrels per day from May 1, 2020 by two years.