Doha, Oct 15, IRNA – Hours after Saudi Arabian government threateningstatement to retaliate US likely sanctions, the general manager of theSaudi-owned Al-Arabiya satellite news network threatened Washington with$200 oil and coming close of the country to Iran and Russia.
He suggested Saudi Arabia could use its oil production as a weapon.Benchmark Brent crude is trading at around $80 a barrel, and Trump hascriticized OPEC and Saudi Arabia over rising prices.
‘If the price of oil reaching $80 angered President Trump, no one shouldrule out the price jumping to $100, or $200, or even double that figure,’Turki Aldakhil wrote.
It’s unclear, however, whether Saudi Arabia would be willing tounilaterally cut production.
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Aldakhil added that Saudi arms purchases from the US and other trade couldbe at risk as well. ‘The truth is that if Washington imposes sanctions onRiyadh, it will stab its own economy to death, even though it thinks thatit is stabbing only Riyadh!’ he wrote.
Noting that likely sanctions will have numerous consequences in the MiddleEast, Aldakhil sanctions will drive Saudi Arabia towards Russia and nearingRussian will lead to coming close to Iran.
