BR100 Decreased By (-0.38%)
BR30 Decreased By (-0.4%)
KSE100 Decreased By (-0.17%)
KSE30 Decreased By (-0.2%)
AGHA 7.80 Decreased By ▼ -0.01 (-0.13%)
BECO 5.18 Decreased By ▼ -0.03 (-0.58%)
BML 57.50 No Change ▼ 0.00 (0%)
BOP 33.80 Decreased By ▼ -0.23 (-0.68%)
CNERGY 9.96 No Change ▼ 0.00 (0%)
CSIL 5.32 Increased By ▲ 0.01 (0.19%)
FCCL 54.20 Decreased By ▼ -0.50 (-0.91%)
FFL 16.62 Decreased By ▼ -0.07 (-0.42%)
FNEL 1.25 Increased By ▲ 0.02 (1.63%)
KEL 7.35 Decreased By ▼ -0.05 (-0.68%)
KOSM 5.74 Decreased By ▼ -0.03 (-0.52%)
LOTCHEM 29.15 Decreased By ▼ -0.17 (-0.58%)
MLCF 93.30 Decreased By ▼ -1.06 (-1.12%)
NBP 202.35 Decreased By ▼ -0.70 (-0.34%)
NCPL 56.50 Decreased By ▼ -0.50 (-0.88%)
NPL 67.42 Decreased By ▼ -0.28 (-0.41%)
OGDC 316.00 Increased By ▲ 0.16 (0.05%)
PACE 10.56 Decreased By ▼ -0.08 (-0.75%)
PAEL 42.90 Decreased By ▼ -0.30 (-0.69%)
PIBTL 16.64 Decreased By ▼ -0.10 (-0.6%)
PPL 218.39 Decreased By ▼ -1.39 (-0.63%)
PRL 49.50 Increased By ▲ 0.31 (0.63%)
PTC 70.51 Decreased By ▼ -0.02 (-0.03%)
SSGC 27.90 Decreased By ▼ -0.35 (-1.24%)
TBL 9.83 Decreased By ▼ -0.03 (-0.3%)
TELE 8.70 Decreased By ▼ -0.09 (-1.02%)
TPL 17.78 Decreased By ▼ -0.46 (-2.52%)
TPLP 13.35 Increased By ▲ 0.08 (0.6%)
TREET 22.68 Decreased By ▼ -0.04 (-0.18%)
TRG 59.80 Decreased By ▼ -0.34 (-0.57%)
World

Saudi Crown Prince travels to G20 summit

Published Updated
By

CAIRO: Crown Prince Mohammed bin Salman left Saudi Arabia on Monday to attend the Group of 20 (G20) summit in Indonesia and will visit other Asian states as part of the trip, state media said without specifying which countries.

His participation in the summit comes at a time of strained ties with the United States over energy supplies and the Russia-Ukraine conflict in addition to U.S. concern over growing Gulf ties with China, whose president is due to visit Saudi Arabia.

Saudi Crown Prince Mohammed bin Salman postpones trip to Pakistan, other Asian countries

Biden does not plan a sit-down meeting with Prince Mohammed, who is also the kingdom’s prime minister, during the G20, White House national security adviser Jake Sullivan said on Friday.

Last month, Biden pledged to impose consequences on Saudi Arabia after the OPEC+ oil producer alliance agreed to cut output targets over U.S. objections, saying Riyadh was siding with Russia, which is an OPEC+ member.

Top oil exporter Saudi Arabia, which has tried to remain neutral in the Russia-Ukraine war, said the group’s decision was purely economic and aimed at ensuring oil market stability.

OPEC cuts oil demand growth forecast again as economic challenges mount

Biden met Prince Mohammed in July on a visit to Saudi Arabia that U.S. officials say discussed oil supplies. Ties had already been tense over the 2018 murder of journalist Jamal Khashoggi, the Yemen war and U.S. restrictions on arms sales to Riyadh.

Comments

Comments are closed for this article.