Oil Crash Won’t Derail Saudi Arabia's Pricey Security Agenda

  • Oil-price plunge won't affect foreign policy, minister says
  • Saudi Arabia steps up its strategic role in the Middle East

Minister Says Oil Price Won’t Alter Saudi Foreign Policy

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Saudi Arabia won’t let the plunge in oil prices derail a regional agenda that includes waging war in Yemen and funding allies in Syria and Egypt, Foreign Minister Adel al-Jubeir said in an interview.

“Our foreign policy is based on national security interests,” al-Jubeir said on Thursday at the Ministry of Foreign Affairs headquarters in the kingdom’s capital, Riyadh. “We will not let our foreign policy be determined by the price of oil.”