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Saudi Energy Minister Khalid Al-Falih
Saudi Energy Minister Khalid Al-Falih warned of the repercussions that the global economy could suffer as a result of the sanctions imposed on Russia, endowed with its technological capabilities and resources.
"The imposition of new US sanctions in Moscow could have a negative impact on the global economy," Al-Falih said at a press conference in Baku, on the occasion of the meeting of the ministerial committee responsible for monitoring the agreement of the OPEC.
The minister said that Russia is a major source of gas in Europe and a major supplier of oil to China, and that any new US sanctions against them would be passed on to these countries, which play a leading role in the world. ;Mondial economy.
In addition to gas and oil, the minister stressed that Russia is a leading country in technology and occupies an important place in space.
He stressed his country's determination to continue cooperation with Russia in the oil market and said: "Saudi Arabia stands with Russia at the negotiating table and we intend to to continue to discuss the issue of oil price stability. "
Source: "Novosti"
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