Saudi Arabia Will Not Utilize Oil Prices to Impact the Situation in Gaza

08 November 2023

Saudi Arabia does not currently have plans to leverage its influence on global oil prices to help facilitate a ceasefire in the Palestinian-Israeli conflict. This statement was made by the kingdom's Investment Minister, Khaled bin Abdulaziz al-Faleh, in an interview with Bloomberg.


"At the moment, such an approach is not part of our agenda. Saudi Arabia is committed to pursuing peace through diplomatic negotiations," he stated in response to a relevant inquiry.


The minister also added that Riyadh plans to host summits in the near future, involving the participation of African nations, in order to seek a peaceful resolution to the Middle East conflict.



GSV "Russia - Islamic World"


Based on materials from TASS