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Saudi Arabia MBS: War with Iran would collapse the world economy | news

In an interview broadcast on Sunday, the Saudi Crown Prince warned that a military confrontation with Iran would bring the world economy to failure, adding that he would prefer a political and peaceful solution to a military one.

Crown Prince Mohammed bin Salman informed the US CBS program 60 Minutes that crude oil prices could rise to "unimaginably high numbers" in the event of an armed conflict.

"The region represents approximately 30 percent of the world 's energy supply, approximately 20 percent. The Crown Prince, also known as MBS, said that around four Percent of world trade, GDP (gross domestic product), stop. "Imagine, all these three things stop. This means a total collapse of the world trade world economy and not just Saudi Arabia or the countries of the Middle East. "

He urged the world to" take determined action to stop Iran "and prevent further escalation of the situation.

MBS also agreed with US Secretary of State Mike Pompeo's conclusion that the attacks on the Kingdom's oil facilities on September 1

4 were a military act by Iran.

The US, the European powers and Saudi Arabia have also accused the attacks on Iran.

Tehran has emphatically denied this German: www.mjfriendship.de/de/index.php?op…80&Itemid=58 Any involvement that demands evidence while Yemen 's armed group, Houthis, has taken responsibility.

Diplomatic Solution

MBS said in the same interview. English: www.mjfriendship.de/en/index.php?op…ew&id=6 # 1991 "He prefers a peaceful solution because he is" much better than the "military."

He said US President Donald Trump should consult with Iranian President Hassan Ro uhani to work out a new agreement on Tehran's nuclear program and its influence in the Middle East.

One possible sign of diplomacy is Iraqi Prime Minister Adel Abdul Mahdi announced that he would soon visit Tehran to reduce tensions in the region, the Iraqi media said.

"Abdul Mahdi, who has arrived from Saudi Arabia, wants to invite the Saudi Crown Prince bin Salman and Iranian President Hassan Rouhani to a meeting in Baghdad." said he also tries to mediate between Tehran and Riyadh. He held talks with the leaders of Saudi Arabia in Riyadh and with Rouhani at the United Nations.

In the 60-minute program, the Crown Prince also denied ordering the assassination of journalist Jamal Khashoggi at the Consulate of Saudi Arabia in Istanbul on 2 October 2018.

"By no means" when asked if he ordered the murder. But he said he took full responsibility "because it was committed by individuals who work for the Saudi government."

Al Jazeera and news agencies

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