Bloomberg: Saudis Vow to Hit Back Against Any Measures Over Khashoggi
* Trump has threatened ‘severe punishment’ over vanished critic
* Jamal Khashoggi feared dead after visiting consulate in Turkey
Saudi Arabia threatened on Sunday to use its economic clout to retaliate against any punitive measures, hitting back after U.S. President Donald Trump said he could take action against the world’s largest oil-exporter over the disappearance of a government critic.
“The kingdom emphasizes that it will respond to any measure against it with an even stronger measure,” the Foreign Ministry said in a statement. “The kingdom’s economy has an influential and vital role in the global economy.”
While the Saudi statement didn’t make an explicit reference to oil, analysts and traders said it could be read as a veiled threat to use its energy riches as a political tool. Brent crude, the global oil benchmark, earlier this month hit a 4-year high above $85 a barrel.
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WNU Editor: The Saudis definitely miscalculated the impact that the Jamal Khashoggi affair would have on their Kingdom .... How Saudi Arabia disastrously miscalculated the Khashoggi affair (Seth J. Frantzman, Jerusalem Post). And the blowback is just beginning .... Saudis reject threats as stocks plunge after Trump comments (AP), even though the Saudis are now beginning to issue their own threats .... Saudi media: Any US sanctions over Khashoggi would 'stab its own economy to death' (CNN).
More News On Saudi Arabia Vowing To Retaliate Against Any Measures Over Khashoggi
Saudi Arabia says will retaliate against any sanctions over Khashoggi case -- Reuters
Saudis Vow To Retaliate With 'Greater Action' If Hit With Sanctions -- NPR
Saudi Arabia vows to retaliate if Trump follows through on 'severe punishment' threat over Khashoggi -- FOX News
Jamal Khashoggi case: Saudis defy 'threats' over missing writer -- BBC
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