Saudi Arabia remains committed to supporting the stability of oil markets, benefiting producers and consumers alike, and to sustaining growth in the global economy, said an official from the kingdom’s Ministry of Energy, Industry, and Mineral Resources.

The statement followed the announcement of the US withdrawal from the JCPOA.

The Ministry's official added that the Kingdom would work with major producers within and outside of Opec, as well as, major consumers to mitigate the impact of any potential supply shortages. – TradeArabia News Service