Trump Call to Putin Raises Russia’s Hopes of End to Costly Oil War

http://www.terrellaftermath.com/

Putin and Trump Monday agreed that “current oil prices aren’t in the interests of our countries,” Kremlin spokesman Dmitry Peskov said Tuesday, declining to give any details on what they might do to change the situation.

Bloomberg  "U.S. President Donald Trump’s bid to end the oil war between Russia and Saudi Arabia is breeding cautious hopes in Moscow of a possible way out of the damaging stand-off, potentially reversing some of the collapse in crude prices.
"The fact that it was Trump who placed the call to Vladimir Putin Monday, reversing his earlier stance welcoming the drop in oil prices, was seen in Moscow as a positive sign, according to three people familiar with the matter.
"Trump’s move to appeal for Russian help in stopping the oil rout could allow Putin to appear in a stronger position even if he needs to make some concessions, according to Andrey Kortunov, director of the Kremlin-founded Russian International Affairs Council. “The Kremlin views the call itself as a kind of diplomatic victory,” he said." . . .