The White House confirmed on Tuesday that United States President Donald Trump held a telephone conversation with Saudi Crown Prince Mohammed bin Salman (MbS) to discuss Monday’s sharp losses in the oil markets following Riyadh’s decision to pump significantly more oil. The meeting took place on Monday and “other critical regional and bilateral issues” were also discussed. However, no exact information was given on exact topics. Saudi Arabia decided to increase its oil production after failing to agree with Russia on further output cuts during Friday’s OPEC+ meeting in Vienna. Meanwhile, reports suggested that Saudi Arabia was facing an internal crisis as a number of princes allegedly tried to oust MbS. Several princes are said to have been arrested in the afteermath