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Trump tweets call for Saudi's Aramco to list on NY Stock Exchange

Aramco IPO could be the world's largest ever, with Saudi hoping to raise US$100 billion

Washington

President Donald Trump, raising the political stakes in what would be the largest initial public offering ever, said the US would "very much appreciate" it if Saudi Arabia's government lists the Saudi Arabian Oil Co on the New York Stock Exchange.

"Important to the United States!" Mr Trump tweeted from Honolulu early Saturday.

His tweet, sent hours before he was set to depart for an 11-day tour of Asia, came out of the blue for Aramco, according to a person familiar with the company, who asked not to be named. But the move is consistent with a growing push by American regulators to lure companies to US stock exchanges.

The tweet was "energy geopolitics in action", said Jason Bordoff, director...

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