Connect with us

Pakistan

Pakistan expresses solidarity with Saudi Arabia after US charges on OPEC

Published

on

  • “We appreciate concerns of Saudi Arabia for avoiding market volatility and ensuring global economic stability,” FO says.
  • It says Pakistan reaffirms its long-standing, abiding and fraternal ties with the Kingdom of Saudi Arabia.
  • KSA rejected US accusations of aligning itself with Russia amid Ukraine war by making oil production cuts to drive up crude prices.

ISLAMABAD: In the wake of statements made against the Kingdom in the context of the OPEC+ decision, Pakistan Tuesday expressed solidarity with the leadership of the Kingdom of Saudi Arabia.

“We appreciate the concerns of the Kingdom of Saudi Arabia for avoiding market volatility and ensuring global economic stability,” the Foreign Office said in a statement.

It added that Pakistan encourages a constructive approach to such issues based on engagement and mutual respect.

“We reaffirm our long-standing, abiding and fraternal ties with the Kingdom of Saudi Arabia.”

Saudi defends oil policy in face of US charges

A day prior, Saudi Arabia rejected the United States’ accusations of aligning itself with Russia amid the Ukraine war by making oil production cuts to drive up crude prices, insisting it was purely a business decision.”We are astonished by the accusations that the kingdom is standing with Russia in its war with Ukraine,” the Saudi defence minister, Prince Khaled bin Salman, tweeted late Sunday.The Saudi-led OPEC+ cartel — which includes Russia — has angered Washington by deciding to cut production by two million barrels per day from November, adding further pressure on soaring crude prices.”It is telling that these false accusations did not come from the Ukrainian government,” Prince Khaled wrote. “Although the OPEC+ decision, which was taken unanimously, was due to purely economic reasons, some accused the kingdom of standing with Russia.

Biden vows consequences for Saudi Arabia 

US President Joe Biden pledged on October 13 that “there will be consequences” for US relations with Saudi Arabia after OPEC+ announced last week that it would cut oil production over US objections.

His announcement came a day after powerful Democratic Senator Bob Menendez, chairman of the Senate Foreign Relations Committee, said the United States must immediately freeze all cooperation with Saudi Arabia, including arms sales.

Biden, in an interview with CNN’s Jake Tapper, said he would not discuss what options he was considering.

“I’m not going to get into what I’d consider and what I have in mind. But there will be — there will be consequences,” he said.

White House press secretary Karine Jean-Pierre said a policy review would be conducted but gave no timeline for action or information on who would lead the re-evaluation. 

The United States will be watching the situation closely “over the coming weeks and months,” she said.

John Kirby, the White House national security spokesperson, said Biden would work with Congress “to think through what that relationship ought to look like going forward.”

“And I think he’s going to be willing to start to have those conversations right away. I don’t think this is anything that’s going to have to wait or should wait, quite frankly, for much longer,” Kirby added.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

The year’s longest day and shortest night are both today.

Published

on

By

The nation is experiencing an increase in oppressive heat. The longest day and shortest night of the year are respectively observed on this Friday.

Summer solstice is the name given to this event.

Because of the tilt of the Earth, the Summer Solstice happens twice a year when one of the poles is at its greatest degree towards the sun.

While the winter solstice occurs in December in the Southern Hemisphere, the summer solstice occurs in June in the Northern Hemisphere.

It is the longest day of the year, June 21st.

The shortest night of the year, nevertheless, will occur today.

14 hours will pass during the day and 10 hours during the night, according to the report.

Beginning on July 1, the day will progressively get shorter as June draws to a close.

The event known as equinox occurs on September 22, when day and night have equal lengths.

Continue Reading

Latest News

Authorities report that during the Hajj, 35 Pakistani pilgrims perished from the intense heat.

Published

on

By

Thirty-five Pakistani pilgrims have died, according to the Ministry of Religious Affairs.

Abdul Wahab Soomro, the DG of the Hajj Mission, claims that nine Pakistanis perished in Mashair, four in Mina, three in Arafat, and two in Muzdalifah.

According to the Hajj DG, six pilgrims from Pakistan died in Medina and twenty died in Makkah.

According to the DG, the extreme 50 degree Celsius heat was the reason for the deaths. According to him, there was no basis for the claim that the pilgrims were neglected.

According to him, the Saudi government was informed of the remains, and the funeral plans were set up in compliance with the families’ desires. According to Soomro, plans had also been made to transfer the bodies to Pakistan.

He claimed that in these kinds of situations, the Saudi and Pakistani governments have always worked together.

Over 1,000 people have died.

According to AFP, more over 1,000 people have died during this year’s Hajj. According to the report, over 50% of them were unregistered worshippers who underwent the sweltering Saudi Arabian journey.

An Arab ambassador gave a breakdown of the 658 Egyptians who died, indicating that 630 were unregistered pilgrims. Of the additional deaths announced on Thursday, 58 came from Egypt.

One of the five pillars of Islam, which all Muslims who have the means to do so must at least once, the annual pilgrimage, has resulted in 1,081 deaths overall, according to reports from about ten different countries.

Official announcements or diplomats working on their countries’ responses have provided the data.

Continue Reading

Pakistan

As PM Shehbaz creates committees to address the PPP’s issues, a thaw is evident.

Published

on

By

In response to the issues brought up by PPP Chairman Bilawal Bhutto-Zardari during their meeting, Prime Minister Shehbaz Sharif has established committees.

The PPP heavyweights and PML-N leaders met after Bilawal did not attend the June 12 National Assembly session when the budget for the upcoming fiscal year 2024–25 was unveiled.

The PPP chief’s concerns were mostly addressed by the prime minister at the meeting, when he also ordered committees to look into his grievances.

Sources claim that on Friday, the committees would undertake discussions to settle the differences between the ruling parties.

Bilawal once voiced concern over the PPP’s lack of faith in the budget. He emphasised that the PML-N is not carrying out the arrangement that the PPP had made to support the government.

Additionally, he charged that the Punjabi government was erecting obstacles in the way of the PPP’s advancement in the region.

For the welfare of the people as well as the growth and prosperity of the nation, Prime Minister Shehbaz urged all political parties to cooperate.

Yousuf Raza Gilani, the Senate Chairman, Raja Pervaiz Ashraf, Syed Khursheed Shah, Syed Naveed Qamar, and Sherry Rehman were among the PPP delegation members.

Speaking at the event, the premier stated that additional talks over the budget for 2024–2025 were held with the Pakistan Peoples Party. He claimed that although the stock market had seen an unprecedented boom, the economy was exhibiting encouraging signs.

He claimed that the new fiscal year’s budget included measures to help the average person. He promised that committees will continue to be used for further consultation.

Afterwards, the prime minister hosted a dinner reception in honour of the PPP delegation.

In attendance were Speaker of the National Assembly Sardar Ayaz Sadiq, Deputy Prime Minister Ishaq Dar, Federal Ministers for Planning and Finance and Revenue Muhammad Aurangzeb and Ahsan Iqbal, Federal Minister for Information and Broadcasting Attaullah Tarar, Prime Minister’s Advisor on Political Affairs Rana Sanaullah, Minister of State for Finance and Revenue Ali Pervez Malik, and former federal minister Khawaja Saad Rafique.

Continue Reading

Trending