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International Business Times
International Business Times
Science
Talek HARRIS and Sahar AL-ATTAR

Climate Deal Won't Have Immediate Impact On Gulf Oil

Saudi Energy Minister Prince Abdulaziz bin Salman insists the Dubai COP28 agreement will have no impact on its oil exports (Credit: AFP)

An agreement to "transition away" from fossil fuels may be a landmark moment but don't expect quick changes among the major producers of the Gulf, where the deal was hammered out.

After the UN's COP28 climate talks in Dubai, Saudi Energy Minister Prince Abdulaziz bin Salman immediately played down the text, insisting it would have "no impact on exports" from the country that ships more oil than any other.

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