Trump to Have Another Call and Meeting with a Leader of Another Country

Summary

Donald Trump stated he will soon have another call with an unspecified foreign leader, eventually leading to a meeting.Zhitong This follows a series of recent diplomatic activities, including a discussion with Venezuela’s interim president on oil and trade,Yahoo Asia after which Trump announced plans to refine and sell up to 50 million barrels of Venezuelan oil.Wallstreetcn Separately, he spoke with Colombian President Petro about drug trafficking and other disagreements, with a future meeting being arranged. These moves coincide with his stated goal of increasing oil supply to lower prices and combat inflation.Zhitong+ 2

Impact Analysis

This isn’t just random diplomacy; it’s a clear strategy to drive down domestic energy prices. The Venezuela oil deal is the main event here—he’s actively working to bring sanctioned barrels back to the market to fight inflation.Wallstreetcn+ 2 The talks with Colombia are a sideshow to ensure regional stability for this energy play. He’s creating a new, non-OPEC supply lever right in America’s backyard. For the market, this is a significant headwind for crude oil. It signals he’ll use any tool, including radical foreign policy shifts, to cap fuel prices. This makes any oil rally on geopolitical fears look like a potential shorting opportunity. The clear trade is to be cautious on energy producers and more constructive on downstream sectors like transportation that benefit from lower fuel costs. He’s telling us he wants cheaper oil, and we should probably listen.