Saudi Crown Prince Warns Of Skyrocketing Oil Prices if Iran Tensions Don't Ease
Tuesday, 1 October 2019 09:45 WIB | GLOBAL |Global

Saudi Arabian Crown Prince Muhammad bin Salman has warned that world oil prices could soar to "unimaginably high levels" if the international community doesn™t take a "strong and firm" stance against Iran, otherwise tensions will escalate.

"If the world does not take a strong and firm action to deter Iran we will see further escalations that will threaten world interests," the crown prince told the weekly U.S. news program 60 Minutes.

The interview, aired on September 29, came 15 days after projectiles struck the heart of Saudi Arabia™s oil facilities, disrupting about 50 percent of the country™s crude output and 5 percent of global oil supply.

The de facto ruler of Saudi Arabia then called it an act of war along with U.S. Secretary of State Mike Pompeo, both of whom accused Iran, Saudi Arabia™s archrival in the region, of being behind the September 14 attacks.

France, Germany, and Britain have also blamed Tehran for the attack.

Iran denies involvement while the Yemeni-based Huthi rebels claimed responsibility for the incident.

However, the crown prince said he would prefer a political solution over a military one because the latter would lead to the collapse of the global economy.

Source : VOA

RELATED NEWS

Syria, Russian Missiles on Agenda for Trump-Erdogan Talks
Wednesday, 13 November 2019 23:25 WIB

Turkish President Recep Tayyip Erdogan visits the White House for talks Wednesday with U.S. President Donald Trump, with the two leaders likely to discuss Turkey's incursion in northern Syria and its purchase of a Russian air defense system. The agenda for the day released by the White House also i...

Japan, US Say 3-Way Ties with S. Korea Are Key to Security
Wednesday, 13 November 2019 17:48 WIB

The chairman of the U.S. Joint Chiefs of Staff, Gen. Mark Milley, agreed with Japanese officials Tuesday that three-way cooperation with South Korea is key to regional security and that an intelligence sharing pact between Tokyo and Seoul should not be scrapped. Japanese Foreign Minister Toshimitsu...

European Signatories Call on Iran to Reverse Actions Against Nuclear Deal
Tuesday, 12 November 2019 23:20 WIB

France, Germany, Britain and the European Union say they are "extremely concerned" about Iran's renewed uranium enrichment activities and what they call "regrettable acceleration of Iran's disengagement" from commitments it made under the 2015 agreement regarding the country's nuclear program. In a...

Tensions High Ahead of Erdogan-Trump Meeting
Tuesday, 12 November 2019 17:59 WIB

Turkish  President Recep Tayyip Erdogan visits Washington this week to meet President Donald Trump, a meeting some consider an opportunity to reset relations that have been strained over numerous policy differences. Turkey's military operation against the Syrian Kurdish militia, the YPG, is ex...

Magnitude-5.4 Earthquake Felt in Southern France
Monday, 11 November 2019 23:21 WIB

The French earthquake detection agency says a moderate tremor measuring 5.4 in magnitude has struck southern France in a remote area of the Drome department between Lyon and Marseille. The agency said the quake occurred before noon Monday and its epicenter was situated near the town of Montelimar i...

POPULAR NEWS
Monday, 11 November 2019 15:32
Hong Kong Stocks End With Steep Losses
Tuesday, 12 November 2019 07:50
Asia shares turn sluggish ahead of Trump speech
ANOTHER NEWS
Hong Kong Stocks Sink as Violent Unrest Hits City (Review)
Thursday, 14 November 2019 04:31 WIB Hong Kong stocks plunged Wednesday as investors braced for further unrest following days of violent protests that have almost ground parts of the city to a halt, with police warning it was close to "total collapse". After more than five months of...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.