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Intel: How the US is relying on Riyadh to reassure global markets

In a phone call with Crown Prince Mohammed bin Salman on Tuesday, US Secretary of State Mike Pompeo urged Saudi Arabia to “rise to the occasion” as the escalating coronavirus crisis and the kingdom’s standoff with Russia continue to hammer global markets.
U.S. Secretary of State Mike Pompeo takes part in a meeting with Saudi Arabia's Crown Prince Mohammed bin Salman in Jeddah, Saudi Arabia, September 18, 2019. Mandel Ngan/Pool via REUTERS - RC114A0F4CE0

In a phone call with Crown Prince Mohammed bin Salman on Tuesday, US Secretary of State Mike Pompeo urged Saudi Arabia to “rise to the occasion” as the escalating coronavirus crisis and the kingdom’s standoff with Russia continue to hammer global markets. 

“Secretary Pompeo and the Crown Prince focused on the need to maintain stability in global energy markets amid the worldwide response,” State Department spokeswoman Morgan Ortagus said in a statement. “The Secretary stressed that as a leader of the G20 and an important energy leader, Saudi Arabia has a real opportunity to rise to the occasion and reassure global energy and financial markets when the world faces serious economic uncertainty.”

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