Saudi Arabia dismisses oil shortage concerns amid possible sanctions

Saudi Arabia has does not have any plans to cut back on oil extraction or exportation, should the international community decide to sanction the kingdom.

Photo: Ritzau Scanpix/AP/Francois Mori

Saudi oil extraction will not be reduced, says the kingdom's oil minister, Khalid al-Falih, to Russian media Tass, according to NBC News.

Several politicians in countries including the US have discussed punishing Saudi Arabia for the murder of Washington Post journalist Jamal Klashoggi.

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