Why did president reagan persuade the saudi arabians to lower the price of oil? to further hurt a struggling soviet union economy because oil exports were their main source of income to persuade opec to increase the price of their oil to further increase market instability to increase the value of american oil on the international market to make it almost impossible for the iraqi government to bring any oil to market

The correct option is " to further hurt a struggling Soviet Union economy because oil exports were their main source of income"

The high point of the Reagan presidency was his first 100 days in office, initiated with the end of the hostage crisis in Iran, after being released minutes after his takeover. The first official act of Reagan was to end the control of oil prices, hoping to increase domestic production of fuel and encourage exploration, the retail price of a gallon of gasoline went from an average of 28.5 cents in May 1981 to 65.1 cents in June 1982.