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During an industry conference in Riyadh, Saudi Energy Minister Prince Abdulaziz bin Salman warned that sanctions and underinvestment in the energy sector could result in a shortage of energy supplies. This was stated during a time when the European Union has imposed a series of sanctions against Russia, reducing Russian energy exports, and other Western powers have also imposed measures as they seek to further limit Moscow's ability to fund its war in Ukraine.

Saudi energy minister warns sanctions could result in energy shortages

During an industry conference in Riyadh, Saudi Energy Minister Prince Abdulaziz bin Salman warned that sanctions and underinvestment in the energy sector could result in a shortage of energy supplies. This was stated during a time when the European Union has imposed a series of sanctions against Russia, reducing Russian energy exports, and other Western powers have also imposed measures as they seek to further limit Moscow’s ability to fund its war in Ukraine.

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