Saudi Arabia Takes Lead in Global Climate Change Battle

King Salman bin Abdulaziz listens to an explanation by Crown Prince Mohammed bin Salman about one of Riyadh’s green projects (SPA)
King Salman bin Abdulaziz listens to an explanation by Crown Prince Mohammed bin Salman about one of Riyadh’s green projects (SPA)
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Saudi Arabia Takes Lead in Global Climate Change Battle

King Salman bin Abdulaziz listens to an explanation by Crown Prince Mohammed bin Salman about one of Riyadh’s green projects (SPA)
King Salman bin Abdulaziz listens to an explanation by Crown Prince Mohammed bin Salman about one of Riyadh’s green projects (SPA)

Saudi Arabia is regarded as one of the world’s most active players on the climate change front, positioning itself as a new green giant with a significant and evident role in confronting this global battle.

The Kingdom has launched a multitude of diverse initiatives, plans, and programs aimed at achieving ambitious net-zero targets by 2060.

Riyadh’s affirmations highlight the importance of comprehensive solutions for the transition, necessary to address climate challenges. They emphasize that climate action should encompass all segments of society and stress the imperative of balancing economic development with global energy security.

In coordination and collaboration with the UN Framework Convention on Climate Change Secretariat, the Kingdom is preparing to host the “Middle East and North Africa Climate Week 2023” on Oct. 8-12 in the capital, Riyadh.

The Saudi Energy Ministry underscores that the Middle East region boasts some of the world’s fastest-growing economies and believes that through innovative solutions, developmental goals can be achieved while simultaneously addressing climate change challenges.

“As a leading energy player in the region and the world, and as one of the largest investors in research and development, the Kingdom and the region at large can find viable solutions to reduce environmental impacts,” said the ministry in a statement.

Saudi Arabia has intensified efforts to combat climate change, notably in 2021 when Crown Prince Mohammed bin Salman announced the goal of achieving net-zero emissions through a circular carbon economy approach, aligned with developmental plans and economic diversification.

At that time, he stressed that this approach aligns with a “moving baseline” and preserves the Kingdom’s leadership role in enhancing the stability and security of global energy markets while leveraging mature technologies for emissions management and reduction.

Regarding Saudi efforts in green initiatives and programs, OPEC Secretary General Haitham al-Ghais states that the Kingdom is a pioneering nation in this field.

He attributed this to Saudi Arabia’s two green initiatives, which have motivated all countries in the region to adopt greening and afforestation policies.

“We applaud these steps by the Kingdom, under its clear leadership and a prominent role in supporting the global trend for all countries to become leaders and pioneers in this direction,” Ghais told Asharq Al-Awsat.

The National Renewable Energy Program in Saudi Arabia is a multi-faceted, long-term program designed to achieve a balance in the electric energy mix and fulfill the Kingdom’s voluntary and locally mandated contributions to mitigate carbon dioxide emissions and other greenhouse gasses.

This aligns with Saudi Arabia’s national transformation plan, “Vision 2030,” and aims to significantly increase the share of renewable energy in the country’s electric energy mix.



Iraq in Talks with Gulf States on Pipeline Exports beyond Hormuz

Workers carry out maintenance on a pipeline at a gas separation station in the Zubair oil field near Basra (AP). 
Workers carry out maintenance on a pipeline at a gas separation station in the Zubair oil field near Basra (AP). 
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Iraq in Talks with Gulf States on Pipeline Exports beyond Hormuz

Workers carry out maintenance on a pipeline at a gas separation station in the Zubair oil field near Basra (AP). 
Workers carry out maintenance on a pipeline at a gas separation station in the Zubair oil field near Basra (AP). 

Iraq is in talks with Gulf countries to use their pipeline networks to secure alternative oil export routes beyond the Strait of Hormuz, the state oil marketer SOMO said Thursday.

The move is part of an emergency strategy by the oil ministry to tap regional infrastructure and bypass maritime chokepoints, ensuring Iraqi crude continues to reach global markets while offsetting higher transport costs linked to the current crisis.

Ali Nizar al-Shatari, head of the State Organization for Marketing of Oil (SOMO), said the ministry is prioritizing negotiations to access Gulf pipeline systems extending beyond the Strait of Hormuz and into the Arabian Sea, allowing exports to avoid areas of military tension.

“The goal is to secure stable routes that guarantee efficient flows of Iraqi oil at lower transport costs,” Shatari said, adding that Iraq generated about $2 billion in oil revenues in March, up 28 percent from February.

He said SOMO exported around 18 million barrels of crude from Basra, Kirkuk and the Kurdistan region by using all available outlets, including southern ports that operated until early March and northern routes to Türkiye’s Mediterranean port of Ceyhan.

As part of efforts to diversify export options, Shatari revealed that the first shipments of fuel oil and Basra Medium crude successfully reached Syrian ports.

He noted that Iraq had signed a deal to export 50,000 barrels per day via this route, describing cooperation with Syria as “very significant,” with storage and security provided to ensure safe delivery to the port of Baniyas.

The route has proven effective and could become a permanent option after the crisis, he added.

Shatari further noted that the oil ministry is close to completing repairs on the Iraq-Türkiye pipeline, which suffered extensive damage in previous years.

Technical teams have inspected the most difficult terrain, with about 200 kilometers (125 miles) still to be assessed in the coming days before full pumping of Kirkuk crude resumes.

In a notable logistical move, Iraq has begun pumping Basra crude northwards for export via Ceyhan.

Flows started at 170,000 barrels per day and are expected to stabilize between 200,000 and 250,000 bpd, helping offset disrupted southern exports and supply energy-hungry markets in Europe and the Americas.

Shatari said Iraq has benefited from rising global prices by selling Kirkuk crude — a medium-grade oil — at strong premiums.

He also confirmed the reactivation of an agreement with the Kurdistan region to reuse the pipeline through the region to Ceyhan, helping lift total exports to 18 million barrels in March.

This came despite a drop in production in Kurdistan fields to about 200,000 bpd due to security threats, he added.

 

 


World Food Prices Rose in March as Iran War Lifted Energy Costs, FAO Says

 A farmer carries harvested rice at a paddy field in Samahani, Aceh province on April 2, 2026. (AFP)
A farmer carries harvested rice at a paddy field in Samahani, Aceh province on April 2, 2026. (AFP)
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World Food Prices Rose in March as Iran War Lifted Energy Costs, FAO Says

 A farmer carries harvested rice at a paddy field in Samahani, Aceh province on April 2, 2026. (AFP)
A farmer carries harvested rice at a paddy field in Samahani, Aceh province on April 2, 2026. (AFP)

The war in the Middle East has pushed food commodity prices higher due to higher energy and fertilizer costs, the UN's food agency said Friday. 

The UN's Food and Agriculture Organization (FAO) said its Food Price Index, which measures the monthly changes in international prices of a basket of food commodities, had increased 2.4 percent in March from February. 

It was the second rise in a row, which the agency said was largely due to higher energy prices linked to conflict in the Middle East. 

Within the index, the category of vegetable oil saw the sharpest rise, of 5.1 percent over February, as palm oil prices reached their highest point since the middle of 2022, due to effects from spiking crude oil prices, FAO said. 

However, a "broadly comfortable" supply of cereal has cushioned the damaged from the conflict, FAO said. 

"Price rises since the conflict began have been modest, driven mainly by higher oil prices and cushioned by ample global cereal supplies," said FAO Chief Economist Maximo Torero in a statement. 

But he warned that if the conflict goes on beyond 40 days and the high prices on fertilizer continue, "farmers will have to choose: farm the same with fewer inputs, plant less, or switch to less intensive fertilizer crops". 

"Those choices will hit future yields and shape our food supply and commodity prices for the rest of this year and all of the next." 

Disruptions to production and supply chain routes had also introduced "additional uncertainty" into the outlook for wheat and maize, FAO found. 


Turkish Inflation Near 2% Monthly in March, Below Forecasts

A full moon rises behind Galata Tower, in Istanbul, Türkiye, Thursday, April 2, 2026. (AP)
A full moon rises behind Galata Tower, in Istanbul, Türkiye, Thursday, April 2, 2026. (AP)
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Turkish Inflation Near 2% Monthly in March, Below Forecasts

A full moon rises behind Galata Tower, in Istanbul, Türkiye, Thursday, April 2, 2026. (AP)
A full moon rises behind Galata Tower, in Istanbul, Türkiye, Thursday, April 2, 2026. (AP)

Turkish consumer price inflation was 1.94% month-on-month in March, while the annual figure fell to 30.87%, data from the Turkish Statistical Institute showed ‌on Friday.

In ‌a Reuters ‌poll, ⁠monthly inflation was ⁠forecast to be 2.32%, with the annual rate seen at 31.4%, driven by ⁠a rise in ‌fuel prices ‌and weather-related pressures ‌on food inflation.

In ‌February, consumer prices rose 2.96% month-on-month and 31.53% year-on-year, broadly in ‌line with estimates and reinforcing expectations that ⁠the ⁠disinflation process may be stalling.

The data also showed the domestic producer index rose 2.30% month-on-month in March for an annual increase of 28.08%.