Dramatically increasing world oil price of Saudi Arab Currency and the US Dollar

        In Saudi Arab oil price gradually high that effect on the world countries that get oil from Saudi Arabia. It is the situation of trouble to increase the price of oil. Saudi Arabia Crown Prince Muhammad Bin Salman responded publicly to President of United States of America. It is a general perception that Saudi Arabia dependent on the United States and decides according to the deal that occurred some days ago.

Trump asked Saudi Arabia as earlier Saudi Arabia increase the oil prices (Leblanc 2004). The high prices effect on the different countries and even united states attached to U.S. dollar. Trump has long debate due to the increase in the price of oil and they suggested that they should increase the oil production and decrease the oil prices. Saudi Arabia will take a hard standpoint trouble situation in the economic world and with all closest allies (Wald 2018).

Currency Values of Saudi Arab Currency and the US Dollar

        According to Report that issued by Ellen, In the first week of October (2018) oil prices touched the sky and that situation could not see before in the record of five years. The situation is the international standard, there are different survey occur to see the effect of high rates of oil. Brent survey the situation according to his survey in the U.S standard, the oil prices reached more than $76 per barrel. Trump pressurized the OPEC and Saudi Arabia should produce more price and decrease the price of selling in the world. The currency values of Saudi Arabia increase because they get to profit from the world by selling the oil at high rates (Ellen 2018).

Interest Rates of Saudi Arab Currency and the US Dollar

        Interest rates and oil values incline to move carefully collectedly in the world. It's thoughtful of geared to development or growing world needs. The oil price climbs toward the sky over the last two weeks. The interest rates increase due to the high demand of oil in the world. Due to these reason oil prices and interest rates about high (Trade and International sustainable development 2018).

Inflation of Saudi Arab Currency and the US Dollar

        Due to increasing the demand for oil, inflation increase in the oil economic world. this relationship between oil and inflation started to worsen after the 19 century. In the 19th century the Gulf War Oil Crisis, the prices of crude oil increase in the world and charge high-interest rates from $40 from $20. In the trouble situation, the CPI continued and moderately stable. From December of 1991, the inflation increases at the rate of 134.6 and growing till 137.9 (Lioudis 2018).

Trade Issue of Saudi Arab Currency and the US Dollar

        In authenticity, In the world of oil there is no simple association between trade, environmental factors, and development of countries. Countries Depend on the sector and the markets and fulfill the policies of trade. Trade effect on the right and bad way due to environment and development. Competitiveness effect and market distortion and magnifier effect on the trade.

Conclusion on Saudi Arab Currency and the US Dollar

        It is concluded that the high prices of oil effect on the different countries and the even the United States attached to U.S. dollar. Trump has long debate due to increase the price of oil and they suggested that they should increase the oil production and decrease the oil prices, in the last five years the oil prices was low and from the October 2018 the prices are high and many of countries in trouble. Trump pressurized the OPEC and Saudi Arabia should produce more prices and decrease the price of selling in the world.

References of Saudi Arab Currency and the US Dollar

Bloomberg . 2018. Trump's criticism of Saudi Arabia adds to oil prize decline. Investor's business daily .

Ellen. 2018. Ph.D. is a historian and consultant on energy and geopolitics. She is the author of Saudi, Inc., president of Transversal Consulting & a Senior Fellow at the Atlantic Council. Jeddah: Saudi Arabia Inc.

Leblanc, Mitchel. 2004. "Do High Oil Prices Presage Inflation? The Evidence from G-5 Countries." SSRN 25.

Lioudis, Nick K. 2018. "The Relationship Between Oil Prices & Inflation." Journal of Economics 56-98.

2018. Trade and International sustainable development. UK: International Institute for sustainable development.

Wald, Ellen R. 2018. Saudi Arabia Tells Trump No More Oil. New York: World Times.