Saudi Arabia urges action to protect energy supplies | Financial Times:
Saudi Arabia’s energy minister has called for a decisive response to the threat to global energy supplies by terrorist acts in and around the Gulf following explosions on two oil tankers this week.
“There must be a rapid and decisive response to the threat of energy supplies, market stability and consumer confidence,” said Khalid al-Falih, Saudi energy minister, at a meeting of G20 ministers in Japan, according to a tweet posted on Saturday by the kingdom’s energy ministry.
Attacks against two tankers in the Gulf of Oman, as well as the sabotage of four tankers off the UAE last month and a drone strike on a Saudi pipeline, has elevated concern about the vulnerability of energy supplies around the oil choke point of the Strait of Hormuz and ramped up US-Iranian tension.
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