off-the-wire

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

Kitco Media
By Reuters
Published:
Updated:
Reuters
DUBAI, Feb 4 (Reuters) - 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
(Reporting by Nayera Abdallah and Maha El Dahan; Editing by Alexander Smith)

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