Trump's Oil Price Strategy Faces Two Major Tests This Weekend

Trump's reluctance to intervene against the Houthis and his decision to ease Russian diesel sanctions risk weakening U.S. leverage while offering limited relief from soaring energy prices.
Two Trump decisions will set this weekend's energy risk, and in both he is giving up leverage to chase lower pump prices before November 3. The first is to keep U.S. firepower out of Saudi Arabia's war with the Houthis. The Houthis hit Aramco's Dhahr... [6153 chars]
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- Friday, 16 October 2026, 6:00 pm IST
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