Fears are growing over the fate of missing journalist Jamal Khashoggi after Turkish officials said they believe he was murdered inside the Saudi consulate.
Trump says he doesn't "want to get" into King Salman's mind, but says, "it sounded to me like maybe these could have been rogue killers". But he said the royal court would soon put out a narrative that an official within the kingdom's intelligence services - who happened to be a friend of Prince Mohammed - had carried out the killing.
Saudi Arabia's Public Investment Fund (PIF), which hosts the conference, has tentatively committed $20 billion to an infrastructure investment planned with Blackstone Group.
Saudi Arabia agreed last week to allow Turkish officials to conduct a search but insisted it would only be a superficial "visual" inspection.
On October 2, Jamal Khashoggi entered the Saudi consulate in Istanbul to retrieve a document related to his upcoming wedding.
Trump tweeted early Monday that Salman denied any knowledge of "whatever may have happened 'to our Saudi Arabian citizen'".
"It would lead to Saudi Arabia's failure to commit to producing 7.5 million barrels". In statements after the call, both praised the creation of a joint Saudi-Turkish probe about Khashoggi.
"Something this big would definitely spook investors, and Saudi just opened up for foreign direct investment, so that was big", said Issam Kassabieh, a financial analyst at Dubai-based firm Menacorp Finance.
"The king firmly denied any knowledge of it", Trump told reporters as he left the White House for a trip to survey hurricane damage in Florida and in Georgia.
"The kingdom affirms its total rejection of any threats and attempts to undermine it, whether by threatening to impose economic sanctions, using political pressures or repeating false accusations", the statement said.
Experts now suspect that the Apple Watch recordings may have been fabricated by Turkish authorities to hide covert surveillance of the Saudi consulate, reports suggest. Khalaf Ahmad Al-Habtoor, an influential United Arab Emirates tycoon, called for an Arab boycott of all US firms who have withdrawn from the conference.
Saudi Arabia preparing to admit Khashoggi was killed
In an interview with CBS" " 60 Minutes' broadcast the night prior, Trump said of the situation: "There's a lot at stake..." USA stock futures declined again on Monday as Saudi Arabia faced growing pressure over a missing critic of the kingdom.
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