Advertisements

looking beyond borders

foreign policy and global economy

Saudi Arabia Has ‘No Intention’ Of Repeating 1973 Oil Embargo

Saudi Arabia has rejected suggestions that it may restrict global oil supply in response to international pressure over the death of journalist Jamal Khashoggi at its consulate in Istanbul. Asked whether there could be a repetition of the 1973 oil embargo when Saudi Arabia and its allies cut off oil supplies to the United States, the kingdom’s energy minister Khalid Al Falih said: “There is no intention.”

Read Here – CNN

Also Read: How the Khashoggi case and its fallout is affecting global business

Advertisements

Single Post Navigation

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: