Saudi energy minister hopes sanctions won’t result in energy shortage
DUBAI, Feb 4 (Reuters) – Saudi Energy Minister Prince Abdulaziz bin Salman said on Saturday he hoped sanctions and a lack of investment would not result in a shortage of oil supplies. energy.
“All those so-called sanctions, embargoes, lack of investments, will merge into one thing and one thing only, a lack of energy supplies of any kind when they are most needed,” said the minister at an industry conference in Riyadh.
Prince Abdulaziz made his remarks in response to a question about how the sanctions will affect the oil market (Reporting by Nayera Abdallah and Maha El Dahan; Editing by Alexander Smith)