What a complete and utter lie.
I am convinced that he is beholden to Saudis and by extension, OPEC. There’s a lot on news crawls, etc. about the Saudi’s concern for diminishing oil demand. All part of his plan, the rat.
The Saudis have been subsidizing the radical Islamists, on the condition that they keep their activities OUTSIDE Saudi Arabia. The Saudis have lots of citizens that have been living on oil subsidies for generations, plus breeding more.
When they reach the end of their ability to prop things up, the ending will be messy. Just as things will be messy here when the welfare state can no longer be maintained.