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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Arab League Praises Saudi Arabia’s Balanced Approach in Oil Markets

Secretary-General of the Arab League Ahmed Aboul Gheit attends the 158th ordinary session of the Arab League Council at the Arab League headquarters in Cairo, Egypt, 06 September 2022. (EPA)

Arab League Secretary-General Ahmed Aboul Gheit expressed on Friday his rejection of the “negative media campaign against Saudi Arabia in wake of OPEC+’s partial oil cut” last week.

A spokesman for Aboul Gheit said the “baseless” statements are “far removed from the truth.”

“Rather, they are aimed at politicizing purely economic decisions that everyone realizes are necessary for the stability of the global economy given the dangerous challenges it is facing,” he added.

He hailed “Saudi Arabia’s balanced approach in stabilizing the oil markets and its firm stances towards regional and international political affairs.”

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