Kuwaiti oil price drops by $1.41 to reach $112.68 per barrel
The price of Kuwaiti oil fell amid a meeting in Tehran involving Saudi Arabia, Turkey, and Pakistan to discuss the escalation in Yemen and Iraq.
Translated by Qiyas from الوسط — Original source
The meeting hosted yesterday in the Iranian capital, Tehran, which brings together senior officials from Saudi Arabia, Turkey, and Pakistan, comes amid ongoing efforts by the Mecca Agreement countries to de-escalate tensions among the parties to the crisis, encourage dialogue and diplomatic solutions, and support mediation efforts by Qatar and Pakistan. The meeting also discussed regional threat issues, including the recent actions of the Houthi militia against Saudi Arabia. The key question remains: Will the Iranian regime heed the voice of reason, commit to good neighborly relations with the Gulf Cooperation Council states, and halt its terrorist proxies in Yemen, Iraq, and Lebanon?
