Putin: Saudi Crown Prince Supports Oil Market Stability

Putin, in a speech to the Valdai Forum, said that Russia was only defending its right to exist, accusing the Westerners of wanting to destroy his country and wipe it off the map. (EPA)
Putin, in a speech to the Valdai Forum, said that Russia was only defending its right to exist, accusing the Westerners of wanting to destroy his country and wipe it off the map. (EPA)
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Putin: Saudi Crown Prince Supports Oil Market Stability

Putin, in a speech to the Valdai Forum, said that Russia was only defending its right to exist, accusing the Westerners of wanting to destroy his country and wipe it off the map. (EPA)
Putin, in a speech to the Valdai Forum, said that Russia was only defending its right to exist, accusing the Westerners of wanting to destroy his country and wipe it off the map. (EPA)

Russian President Vladimir Putin said on Thursday that Saudi Crown Prince Mohammed bin Salman deserved respect, stressing that Russia was determined to strengthen its relations with the Kingdom.

Putin said that stability was important for oil markets, adding that the Saudi Crown Prince supported market balance and stability.

He also noted that Saudi Arabia was working to protect its national interests and to balance the oil market at the same time.

“We will develop relations with Saudi Arabia and support its accession to the BRICS bloc,” Putin added.

Speaking at the Valdai Club discussion forum in Moscow, the Russian president said that the West was blinded by colonialism and trying to engulf the rest of the world.

He added that Russia was only defending its right to exist, in reference to the conflict in Ukraine.

“Russia does not defy the West,” he underlined, accusing the Americans and Westerners of “wanting to destroy it (Russia) and wipe it off the map.”

Putin said that the West was playing a “dangerous, bloody and dirty game, but sooner or later the United States and its allies will have to talk to Russia.”

He added that his country "never talked about the use of nuclear weapons, but Western leaders including Liz Truss (former British Prime Minister) engaged in nuclear blackmail with Russia.”

In a related context, Ukrainian President Volodymyr Zelensky promised his people good news from the front, without going into details, describing the Russian bombing of several areas over the past 24 hours, as “a state of madness.”

On Thursday, the Ukrainian Air Force said that the Russian army had launched more than 20 Iranian-made Shahed 136 unmanned combat aircraft, two hours before midnight.



Kuwaiti Emir Affirms Support for Saudi Efforts to Implement Two-State Solution

Kuwaiti Emir, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah (KUNA)
Kuwaiti Emir, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah (KUNA)
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Kuwaiti Emir Affirms Support for Saudi Efforts to Implement Two-State Solution

Kuwaiti Emir, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah (KUNA)
Kuwaiti Emir, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah (KUNA)

Kuwaiti Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah stressed on Sunday the need to halt violence in the Gaza Strip, provide international protection for innocent civilians, and secure safe corridors for urgent humanitarian aid.
The Emir reaffirmed full support for the Saudi leadership in the efforts aimed at recognizing the State of Palestine within the framework of the international coalition to implement the two-state solution.
During the opening speech of the 45th Gulf Summit hosted by Kuwait, Sheikh Meshal Al-Ahmad reiterated his condemnation of the brutal Israeli occupation of the occupied Palestinian land and the successive genocides against the Palestinian people.
“We urge the international community, particularly the UN Security Council, to fulfill its responsibilities by ensuring the implementation of relevant resolutions, halting the violence, providing international protection for innocent civilians, and securing safe corridors for urgent humanitarian aid,” he said.
The Emir then emphasized Kuwait's firm stance in support of the Palestinian people and their cause in establishing an independent state within the June 4, 1967 borders, with East Jerusalem as its capital, in accordance with relevant international resolutions.
Sheikh Meshal Al-Ahmad also hit out at what he described as the “double standards in the application of relevant international laws, charters and resolutions,” which led to “the spread of the Israeli occupation and the destabilization of the region's security and stability.”
He then referred to Lebanon, Syria and Iran as being “repeatedly attacked by Israeli occupation forces.”
“We reaffirmed full support for all contributions of the GCC countries to the stability of the region, including the leadership of the Kingdom of Saudi Arabia in the efforts aimed at recognizing the State of Palestine within the framework of the international coalition to implement the two-state solution, in addition to hosting the joint Arab-Islamic follow-up summit,” the Kuwaiti Emir said.
He also commended Qatar, Egypt, and the US for their mediation efforts in achieving a ceasefire in Gaza and welcomed the ceasefire in Lebanon as a step toward deescalation.
The Emir then reaffirmed his call to Iraq to rectify the legal status of the agreement regulating maritime navigation in Khor Abdullah, resume the meetings of the technical teams associated with it, and return to work in accordance with the 2008 Security Exchange Protocol.
“Additionally, we urge the resumption of meetings of the joint legal technical teams to complete the demarcation of the Kuwaiti-Iraqi maritime borders beyond boundary point number 162 in accordance with international law and UN’s Convention on 1982 Law of the Sea,” the Emir said
At the Gulf level, Sheikh Meshal Al-Ahmad stressed that the 45th Gulf Summit is being held in extremely complex circumstances that requires the member states to accelerate the achievement of economic integration.
“This necessitates accelerating our efforts to achieve GCC economic integration through unified policies, diversification of non-traditional income sources, facilitation of trade and investment, and support for local industries,” he said.
“It is also vital to expand innovation and entrepreneurship, especially in emerging fields such as Artificial Intelligence (AI), to enhance the competitiveness of our economies regionally and globally,” the Emir added.