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President Donald Trump expects Russian President Vladimir Putin and Crown Prince of Saudi Arabia Mohammed Bin Salman to announce a deal on an oil production cut, the president said to CNBC. The president is expecting a cut of 10 million barrels, although the cut could be as high as 15 million barrels. U.S. West Texas Intermediate …

Saudi Arabia’s crown prince warned in an interview aired on Sunday that a military confrontation with Iran would collapse the global economy, adding that he would prefer a political and peaceful solution to a military one. Crown Prince Mohammed bin Salman told the US-based CBS programme “60 Minutes” that crude prices could spike to “unimaginably …