U.S. Reliance on Saudi Oil Heads Back Up

Source: The New York Times (Read full story)

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The increase in Saudi oil exports to the United States began slowly last summer and has picked up pace this year. Until then, the United States had decreased its dependence on foreign oil and from the Gulf in particular. This reversal is driven in part by the battle over Iran’s nuclear program. The United States tightened sanctions that hampered Iran’s ability to sell crude, the lifeline of its troubled economy, and Saudi Arabia agreed to increase production to help guarantee that the price did not skyrocket. While prices have remained relatively stable, and Tehran’s treasury has been squeezed, the United States is left increasingly vulnerable to a region in turmoil.

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Islamic solidarity Summit’s complete Final Communiqué

Source: Arab News (Read full story)

The Summit was briefed on the reports and recommendations submitted to it by the foreign ministers in their preparatory meeting for Summit and reviewed a number of important issues on its agenda relating to the Muslim world and its exceptional circumstances demanding their consideration with wisdom and tackling them in a way to enhance Islamic solidarity.

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Dialogue Push Vow

Source: Gulf Daily News (Read full story)

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Bahrain is keen to step up implementation of the consensus that emerged from the National Dialogue, which has launched a new chapter of reform and development, he pointed out. The kingdom will also continue its march for comprehensive development and implementation of the recommendations of the Bahrain Independent Commission of Inquiry (BICI), he said.

Shaikh Khalid hailed the government’s initiatives in this regard. “Everyone’s commitment to accountability, based on objective and impartial reading of the BICI’s recommendations, should form the basis on which national responsibility rests on all relevant parties,” the minister said.

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