Saudi crown prince warns of soaring oil prices
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Saudi crown prince warns of soaring oil prices

World+Biz

Reuters
30 September, 2019, 11:50 am
Last modified: 30 September, 2019, 12:13 pm

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Saudi crown prince warns of soaring oil prices

MBS - as the Saudi prince is often known - has not visited the US or Europe since.

Reuters
30 September, 2019, 11:50 am
Last modified: 30 September, 2019, 12:13 pm
The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France September 17, 2019. Reuters/Christian Hartmann
The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France September 17, 2019. Reuters/Christian Hartmann

Saudi Arabia's crown prince warns in a 60 Minutes interview that oil prices could spike over tensions with Iran, and denies involvement in the killing of journalist Jamal Khashoggi nearly one year ago.

The Saudi crown prince warned Sunday of a spike in oil prices if the world doesn't unite to deter Iran.

Mohammed bin Salman spoke to CBS' 60 Minutes more than two weeks since attacks on the heartland of the Saudi oil industry.

"If the world does not take a strong and firm action to deter Iran, we will see further escalations that will threaten world interests. Oil supplies will be disrupted and oil prices will jump to unimaginably high numbers that we haven't seen in our lifetimes.

The crown prince also denied involvement in the killing of journalist Jamal Khashoggi nearly one year ago.

"Did you order the murder of Jamal Khashoggi?"

"Absolutely not. This was a heinous crime. But I take full responsibility as a leader in Saudi Arabia, especially since it was committed by individuals working for the Saudi government.

Khashoggi was last seen entering a Saudi consulate in Turkey where he was killed.

Eleven Saudi suspects have been put on trial in secretive proceedings but only a few hearings have been held.

MBS - as the Saudi prince is often known - has not visited the US or Europe since.

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