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Saudi Energy Minister: Kingdom Is World’s Most Reliable Oil Supplier

Saudi Arabia's Minister of Energy Abdulaziz bin Salman gestures during a panel as part of the annual Future Investment Initiative (FII) conference in the Saudi capital Riyadh, on October 25, 2022. (AFP)
Saudi Arabia's Minister of Energy Abdulaziz bin Salman gestures during a panel as part of the annual Future Investment Initiative (FII) conference in the Saudi capital Riyadh, on October 25, 2022. (AFP)
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Saudi Energy Minister: Kingdom Is World’s Most Reliable Oil Supplier

Saudi Arabia's Minister of Energy Abdulaziz bin Salman gestures during a panel as part of the annual Future Investment Initiative (FII) conference in the Saudi capital Riyadh, on October 25, 2022. (AFP)
Saudi Arabia's Minister of Energy Abdulaziz bin Salman gestures during a panel as part of the annual Future Investment Initiative (FII) conference in the Saudi capital Riyadh, on October 25, 2022. (AFP)

Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman said on Tuesday that the Kingdom remained the world's most reliable oil supplier.

The Kingdom had increased its sales to Europe to 950,000 barrels in September from 490,000 barrels the same time a year ago, he told the Future Initiative Investment (FII) conference in Riyadh.

Moreover, he remarked that countries were using their emergency stocks to manipulate markets when their purpose should be to mitigate any shortages of supply.

"It is my profound duty to make clear to the world that losing (releasing) emergency stocks may be painful in the months to come," he added.

Hundreds of CEOs and finance moguls are in Riyadh for the three-day FII.

Organizers said this year's edition attracted 7,000 delegates compared with 4,000 last year.

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Gulf

Kuwait Includes 8 Lebanese Hospitals on 'Terror' List

Kuwait indicated that it had listed eight hospitals in Lebanon as part of regulations related to "combating terrorism.” KUNA
Kuwait indicated that it had listed eight hospitals in Lebanon as part of regulations related to "combating terrorism.” KUNA
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Kuwait Includes 8 Lebanese Hospitals on 'Terror' List

Kuwait indicated that it had listed eight hospitals in Lebanon as part of regulations related to "combating terrorism.” KUNA
Kuwait indicated that it had listed eight hospitals in Lebanon as part of regulations related to "combating terrorism.” KUNA

Kuwait's foreign ministry issued on Sunday a circular indicating that it had listed eight hospitals in Lebanon as part of regulations related to "combating terrorism.”

Lebanon's health ministry expressed surprise and said it would seek clarification.

It said it received the Kuwaiti statement "with great surprise", adding it had not been provided with "any information or notification from any Kuwaiti entity about this matter.”

"The hospitals mentioned in the statement are registered with the syndicate of private hospitals in Lebanon and carry out their role in providing treatment and health services to all Lebanese without exception," the ministry statement said.

It called the facilities "an essential part of the Lebanese health system,” and said it would contact the relevant authorities to request clarification and "protect Lebanon's health system.”

It noted that "Kuwait has numerous joint projects with the ministry... and has been among the most prominent countries that have stood by the health system during the successive crises that Lebanon has faced.”

The latest move was "unprecedented and inconsistent" with the Gulf country's usual approach, it added.

Gulf

Saudi and Guatemalan FMs Discuss Bilateral Ties

The Saudi Minister of Foreign Affairs met on Sunday with his Guatemalan counterpart in Riyadh. SPA
The Saudi Minister of Foreign Affairs met on Sunday with his Guatemalan counterpart in Riyadh. SPA
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Saudi and Guatemalan FMs Discuss Bilateral Ties

The Saudi Minister of Foreign Affairs met on Sunday with his Guatemalan counterpart in Riyadh. SPA
The Saudi Minister of Foreign Affairs met on Sunday with his Guatemalan counterpart in Riyadh. SPA

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah met on Sunday with his Guatemalan counterpart Carlos Ramiro Martínez in Riyadh.

During the meeting, they reviewed bilateral relations and discussed developments of mutual interest.

Gulf

Faisal bin Farhan, Barrack Discuss Developments in Syria

The Saudi Minister of Foreign Affairs Prince met on Sunday with the US Special Envoy for Syria in Riyadh.(SPA)
The Saudi Minister of Foreign Affairs Prince met on Sunday with the US Special Envoy for Syria in Riyadh.(SPA)
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Faisal bin Farhan, Barrack Discuss Developments in Syria

The Saudi Minister of Foreign Affairs Prince met on Sunday with the US Special Envoy for Syria in Riyadh.(SPA)
The Saudi Minister of Foreign Affairs Prince met on Sunday with the US Special Envoy for Syria in Riyadh.(SPA)

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah met on Sunday with US Special Envoy for Syria Tom Barrack in Riyadh.

During the meeting, they reviewed developments in Syria.