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Saudi crown prince, UK PM note importance of oil market stability

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London: Saudi Crown Prince Mohammed bin Salman and British Prime Minister Theresa May discussed the importance of oil market stability in a telephone conversation, May’s office said on Sunday.

“Prime Minister May and the crown prince noted the importance of stability in the oil markets, which they said was in the interests of both consumers and producers,” a statement said. The call took place on Saturday.

The two, who met in London earlier this year, also discussed nuclear deal between global powers and Iran, which Britain is committed to despite a US decision to withdraw.

“The Prime Minister emphasized the UK’s commitment to (it)… as the best means of preventing Iran acquiring a nuclear weapon,” May’s office said.

“But they agreed on the need to tackle Iranian destabilizing activity in the (Middle East) region. As part of this the Prime Minister noted the importance of cooperation between their two countries to protect Saudi Arabia from ballistic missile attacks.” Arab News

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