RIYADH: Saudi King Salman said on Sunday the kingdom was working hard to support stability and balance in oil markets, including by establishing and maintaining the agreement of the OPEC+ alliance.
King Salman bin Abdulaziz said in an address to the kingdom’s advisory Shura Council that his country was a mediator of peace and highlighted the crown prince’s initiative to release POWs from Russia last month.
Shah Salman said that Kingdom of Saudi Arabia is striving to ensure the immunity of the three pillars of the energy world: (securing necessary energy supplies, continuous economic development by providing reliable energy sources and facing climate change).
He said that Saudi Arabia is working hard, within its energy strategy, to support the stability and balance of global oil markets, as petroleum is an important element in supporting the growth of the global economy, and this is evident in its pivotal role in establishing and maintaining the (OPEC +) agreement as a result of its initiatives to accelerate the stability of markets and the sustainability of its supplies as well as the Kingdom’s keenness to develop and invest all its energy resources.
King Salman also called on Iran to fulfill its nuclear commitments and cooperate with the U.N. nuclear agency.
