Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : America Under Siege: The End of Innocence -- Ignore unavailable to you. Want to Upgrade?

To: lorne who wrote (15163)	4/19/2002 7:28:32 PM
From: lorne	Read Replies (1) \| Respond to of 27666

Saudis Will Not Use Oil Embargo Friday, April 19 2002 @ 06:35 PM GMT By PalestineChronicle.com Reporter MOSCOW: Saudi Arabia will not use "oil weapon" to support the Palestinian uprising against the Israeli occupation. Top Saudi official said during a visit to Moscow that an oil embargo will not help Palestinians. The Saudi reaffirmation to its opposition to using an Arab or Muslim oil embargo to support the Palestinian uprising against Israel was made by Saudi Foreign Minister Saud al-Faisal who is currently conducting a visit to Moscow. He said his country will continue its support of the Palestinian uprising but does not believe in using oil as a weapon. He said Saudi Arabia will continue to produce oil and will "do what is necessary to keep demand at a good level." He made the remarks in a press conference after meeting in Moscow with Russian President Vladimir Putin. He was responding to questions about how Saudi Arabia - the world's top oil producer - would react to the 30-day oil embargo announced last week by Iraq. Saudi Arabia believes in using oil as a resource for development and investment "not as a tank or a gun," he said. He claimed that oil will provide the resources needed to support the Palestinian uprising. palestinechronicle.com