An agreement among the world’s major oil producers to cut output comes into effect on Friday.
It follows a collapse in global oil prices, spurred by a slump in demand because of the coronavirus pandemic.
It seems the deal may have only happened because US President Donald Trump reportedly pressured Saudi Arabia, implying the United States may withdraw military support.
Al Jazeera’s Osama Bin Javaid reports.
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In This Story: Donald Trump
Donald John Trump is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor’s degree in economics from the Wharton School.
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In This Story: Saudi Arabia
Saudi Arabia also has one of the world’s youngest populations, with approximately 50 percent of its population of 34.2 million being under 25 years old.