Saudi energy minister hopes sanctions won't result in energy shortage

United States News News

Saudi energy minister hopes sanctions won't result in energy shortage
United States Latest News,United States Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Saudi Energy Minister Prince Abdulaziz bin Salman said on Saturday he hoped sanctions and a lack of investments do not result in a shortage of energy supplies.

"All of those so called sanctions, embargoes, lack of investments, they will convolute into one thing and one thing only, lack of energy supplies of all kinds when they are most needed," the minister said at an industry conference in Riyadh.

Prince Abdulaziz made his remarks in answer to a question over how sanctions would affect the oil market

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Energy experts share how the U.S. can reach Biden's renewable energy goalsEnergy experts share how the U.S. can reach Biden's renewable energy goalsThe Biden administration's goal of carbon-free electricity generation by 2035 will require a major overhaul of the U.S. energy sector. Various industry experts shared their perspectives on how it might work.
Read more »

Clean Energy To Communities Program Launched By Department Of EnergyClean Energy To Communities Program Launched By Department Of EnergyIn January, the Department of Energy (DOE) announced it launched the Clean Energy to Communities program, which will provide up to $50 million dollars to support a range of communities and their clean energy development needs.
Read more »

Mexico plans to accelerate its push toward renewable energy as global energy costs riseMexico plans to accelerate its push toward renewable energy as global energy costs riseMexico's Foreign Affairs Secretary Marcelo Ebrard announced that the country is pushing to accelerate the move to renewable energy as global energy costs rise.
Read more »

Russian energy minister sees no reason to reduce petroleum products output -IfaxRussian energy minister sees no reason to reduce petroleum products output -IfaxRussian energy minister Nikolai Shulginov on Friday said there was no reason for a sharp reduction in the country's petroleum products output in repsponse to a European Union embargo, Interfax reported.
Read more »

A Friend of Prince William’s Revealed Exactly What the Royal Is Allegedly Feeling About Prince Harry Ahead of Looming CoronationA Friend of Prince William’s Revealed Exactly What the Royal Is Allegedly Feeling About Prince Harry Ahead of Looming CoronationPrince William may need to sort out his feelings before he sees Prince Harry.
Read more »



Render Time: 2025-02-22 10:28:53