War with Iran will destroy global economy, warns Saudi Prince Salman Featured

Written by  Sep 30, 2019
Saudi Crown Prince Mohammed bin Salman said in a CBS interview aired Sunday that a war between his country and Iran would destroy the global economy.
 
“The region represents about 30% of the world’s energy supplies, about 20% of global trade passages, about 4% of the world GDP. Imagine all of these three things stop,” he told CBS’s “60 Minutes”.
 
“This means a total collapse of the global economy, and not just Saudi Arabia or the Middle East countries.”
 
Prince Salman said oil prices could spike to “unimaginably high numbers” if the world does not come together to deter Iran, but said he would prefer a political solution to a military one.
 
In the interview, he also denied that he ordered the killing of journalist Jamal Khashoggi by Saudi operatives nearly a year ago, but said he ultimately bears “full responsibility” as the leader of his country.
 
Days before the anniversary of the killing of Khashoggi in a Saudi consulate in Turkey, the crown prince said: “Absolutely not,” when asked if he ordered the murder.
 
But he said he took full responsibility for the killing, “since it was committed by individuals working for the Saudi government.”
 
“This was a mistake. And I must take all actions to avoid such a thing in the future,” the crown prince said of the killing, which he called “heinous.”
 
The CIA and some Western governments have said they believe he ordered it, but Saudi officials have repeatedly said he had no role.
 
After initial denials, the official Saudi narrative blamed the murder on rogue operatives. The public prosecutor said the then-deputy intelligence chief ordered the repatriation of Khashoggi, a royal insider who became an outspoken critic, but the lead negotiator ordered him killed after discussions for his return failed.
 
Asked how the killing could have happened without him knowing about it,” the crown prince said: “Some think that I should know what 3 million people working for the Saudi government do daily? It’s impossible that the 3 million would send their daily reports to the leader or the second highest person in the Saudi government.”
 
He insisted that “the investigations are being carried out, and once charges are proven against someone, regardless of their rank, it will be taken to court, no exception made.”
 
While Khashoggi’s death sparked a global uproar and tarnished the crown prince’s reputation, the Trump administration’s tense standoff with Iran, Saudi Arabia’s arch-foe, has more recently dominated U.S. policy toward Riyadh, especially after the Sept. 14 attacks on the heartland of the Saudi oil industry.
 
“If the world does not take a strong and firm action to deter Iran, we will see further escalations that will threaten world interests,” the crown prince said. “Oil supplies will be disrupted and oil prices will jump to unimaginably high numbers that we haven’t seen in our lifetimes.”
 
The crown prince, in an interview conducted on Tuesday in Saudi Arabia, said he agreed with U.S. Secretary of State Mike Pompeo that the Sept. 14 attacks, which damaged the world’s biggest petroleum-processing facility and knocked out more than 5% of global oil supply, were an act of war by Iran.
 
The United States, European powers and Saudi Arabia have blamed the attacks on Iran. Tehran has denied any involvement. Instead, the Iran-aligned Yemeni Houthi rebel group claimed responsibility.
 
“The political and peaceful solution is much better than the military one,” he said.
 
The crown prince also said U.S. President Donald Trump should meet with Iranian President Hassan Rouhani to craft a new deal on Tehran’s nuclear program and influence across the Middle East.
 
Efforts to bring the two together last week at the United Nations General Assembly failed.
 
Tensions between Washington and Tehran have escalated over the U.S. withdrawal from an Iranian nuclear deal and its reinstatement of sanctions against Tehran.
 
The crown prince also repeated a Saudi call for Iran to halt its support for Houthi forces in Yemen and said he was open to “all initiatives for a political solution” to end the war there.
  1. Opinions and Analysis

Calender

« November 2019 »
Mon Tue Wed Thu Fri Sat Sun
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30