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Mohammed bin Salman

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In a recent interview, Crown Prince of Saudi Arabia Mohammed bin Salman has warned that oil prices could rise steeply if the world does not act to deter Iran.

The prince said failure to act could embolden Iran and lead to war, which he said would ruin the global economy, following an attack on oil facilities which he blames on Tehran.

Iran said the Saudi prince’s remarks would “bring [the Saudis] nothing but shame”.

Speaking to CBS’ 60 Minutes program on September 29, Prince Mohammed bin Salman also said he accepted some responsibility for journalist Jamal Khashoggi’s killing.

However, he denied personally ordering it.

The prince, who is considered the de facto ruler of Saudi Arabia, is suspected of personally targeting Jamal Khashoggi, a Saudi journalist critical of the government in Riyadh.

Jamal Khashoggi was killed in Saudi Arabia’s consulate in Turkey on October 2, 2018.

Image source: Wikipedia

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During the interview, the prince said: “I take full responsibility as a leader in Saudi Arabia, especially since it [the killing] was committed by individuals working for the Saudi government.”

However, Mohammed bin Salman denied ordering the killing of Jamal Khashoggi directly, or having knowledge of it at the time.

Saudi authorities have since blamed a “rogue” operation for his murder and put 11 men on trial.

The crown prince also appeared to offer talks for a political solution to the civil war in Yemen, where government forces backed by a Saudi-led coalition are fighting Houthi rebels supported by Iran.

Iran is Saudi Arabia’s regional rival and an opponent of the US, which pulled out of a treaty aimed at limiting Tehran’s nuclear program after Donald Trump took power.

US-Iran tensions have risen markedly this year, with the US blaming Iran on attacks on six oil tankers in the Gulf between May and July. However, Iran rejects the accusations.

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King Salman of Saudi Arabia has announced a major cabinet reshuffle that puts in place a new generation to succeed him as head of the kingdom.

The new king has appointed his nephew, Interior Minister Prince Mohammed bin Nayef, as Crown Prince, replacing Prince Moqrin bin Abdul Aziz.

His son, Mohammed bin Salman, believed to be in his early 30s, has been made deputy crown prince.

King Salman, 78, came to the throne in January 2015 after the death of his half-brother Abdullah.

Photo Getty Images

Photo Getty Images

King Abdullah bin Abdul Aziz, who was thought to be aged about 90, had been on the throne since 2005 and Saudi Arabia’s de facto leader for the 10 years before that.

King Salman has pushed aside allies of the late monarch such as his half-brother Moqrin bin Abdul Aziz, who was Crown Prince.

The rise of Prince Mohammed bin Nayef, 55, and Mohammed bin Salman means a new generation is now in line to lead the kingdom for the first time.

The appointment of Prince Mohammed bin Nayef is likely to be welcomed by the United States, with whom he has a close relationship.

The kingdom’s veteran security chief, he is known for his strong stance against Islamist militants and narrowly survived an assassination attempt by al-Qaeda in 2009.

The new deputy Crown Prince, Mohammed bin Salman, has enjoyed a meteoric rise within the Saudi leadership.

He was appointed defense minister in January, and in the last month has been overseeing the Saudi-led operation in Yemen.

In other appointments, the world’s longest-serving Foreign Minister Saud el Faysal – who has been in his job since 1975 – has been replaced by the Saudi ambassador to the US Adel Jubeir, who is not a member of the royal family.

King Salman has been pushing a more assertive, muscular foreign policy to push back against Saudi Arabia’s regional rival Iran with the new appointments reinforcing that trend.

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