Putin Says Strike on N. Korea Possible, But Outcome Uncertain

Oct 06, 2017, 00:14
Putin Says Strike on N. Korea Possible, But Outcome Uncertain

Saudi Arabia's King Salman walks past Russian honor guards during a welcoming ceremony upon his arrival at Vnukovo airport outside Moscow, Russia October 4, 2017. This leaves Moscow aligned with Saudi Arabia's arch-rival Iran, whose influence Riyadh fears is growing in the region.

In addition, Saudi Arabia is trying to build a closer relationship with President Trump and his administration, while the USA has sanctioned Russian Federation over its involvement in the Ukraine crisis.

However, relations have begun to improve in recent years and King Salman's heir, Crown Prince Mohammed bin Salman, has held several meetings with Putin.

Putin described his talk with the Saudi king as very productive, according to comments carried by state media.

Saudi Arabia has agreed to buy Russian S-400 surface-to-air missile systems, Saudi-owned al Arabiya television reported on Thursday.

Putin also insisted that Iran is complying with a nuclear agreement the U.S., Russian Federation and other world powers agreed to in 2015 - Trump may decertify the Iran deal - and warned that Trump's fiery rhetoric toward North Korea is leading to a "very risky end". Top officials, energy ministers and leaders of sovereign wealth funds were due to attend, including Amin Nasser, CEO of Saudi oil giant Aramco. "But as I think of fundamentals I am more optimistic than I have been in the last two or three years, demand is healthy around the world in developed and developing countries".

Saudi Arabia's energy minister said that Russian Federation has helped to breathe new life into OPEC and that shale can be a major contributor to the market in years to come.

"And I will definitely act upon your invitation to visit Saudi Arabia again", the Russian president responded. Both are US allies, strong USA allies. We don't know. Who knows what they have there and where.

"Both countries are looking to reap political and economic benefits during the visit", said Yury Barmin, an expert at the Russian International Affairs Council.

Experts believe, however, that the alliance between Moscow and Riyadh may change the current situation on the world oil market.

"Today we see the market is in balance and we are seeing a return on investment in the industry", Novak said.

Assessing the results of the Thursday talks, King Salman bin Abdulaziz al-Saud emphasized that the outlook of Moscow and Riyadh on many regional and global problems coincide. Even though the United States still takes the dominant position in the Middle East, the adherence of the region to traditional alliances has been weakening recently while regional leaders try to look for alternatives.

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