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.



Saudi Arabia Receives Internationally Wanted Citizen in Corruption Cases from Russia

The headquarters of the Oversight and Anti-Corruption Authority (Nazaha) in Riyadh. (Nazaha)
The headquarters of the Oversight and Anti-Corruption Authority (Nazaha) in Riyadh. (Nazaha)
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Saudi Arabia Receives Internationally Wanted Citizen in Corruption Cases from Russia

The headquarters of the Oversight and Anti-Corruption Authority (Nazaha) in Riyadh. (Nazaha)
The headquarters of the Oversight and Anti-Corruption Authority (Nazaha) in Riyadh. (Nazaha)

Saudi Arabia received from Russia on Friday an internationally wanted citizen, Abdullah bin Awadh Aidah Al-Harthy, for committing financial and administrative corruption crimes.

The move was possible in light of the memorandum of understanding signed between the Kingdom’s Oversight and Anti-Corruption Authority (Nazaha) and Russia’s Public Prosecution in the field of combating cross-border corruption crimes.

The Russian Prosecutor General's Office had responded to a formal request made by the Nazaha regarding the extradition of a wanted citizen for trial, said an official source at Nazaha.

The response underscores the commitment of both states to upholding the rule of law, strengthening international cooperation, and addressing cross-border corruption crimes, thereby ensuring that corrupt actors are not granted impunity.

Nazaha also acknowledged the GlobE Network's and INTERPOL's roles in pursuing persons involved in corruption crimes and denying them safe havens.

The authority reiterated its commitment to prosecuting those responsible for corruption crimes, both domestically and internationally. It vowed to ensure accountability in line with legal and regulatory frameworks and work to recover any assets and proceeds from committing such crimes to the state's treasury.