FUELLING THE FUTURE: KSA FIRM ON GROWTH, STABLE SUPPLY

Saudi Arabia has insisted that the global energy demand is surging, and the kingdom remains focused on ensuring efficient and reliable supplies to address it.

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Speaking at the World Economic Forum in Davos, Saudi Arabia's Minister of Economy and Planning, Faisal Alibrahim, reiterated the country's commitment, alongside OPEC, to stabilising global energy markets and meeting growing demand without compromising efforts to tackle climate change.

Alibrahim's remarks come in the wake of US President Donald Trump's call for Saudi Arabia and OPEC to lower oil prices. "If the price came down, the Russia-Ukraine war would end immediately.

Right now, the price is high enough that that war will continue you got to bring down the oil price," Trump said, addressing WEF delegates via video link. He added, "We will negotiate with Saudi Arabia to lower oil prices."