Saudi Arabia's council of ministers reiterated on Tuesday, May 21st, the country's commitment to balancing global oil markets and preventing regional conflict amid tensions between Iran and the United States, reported Reuters.
The council met on Tuesday to discuss international and regional topics amid rising tension with neighboring Iran.
The council urged the International community to take a firm stand against the Iranian regime, accusing the latter of adopting policies that spread destruction and chaos.
The kingdom "will do everything in its power to prevent any war and its hand is always extended to peace," a cabinet statement said, adding the government was committed "to achieving balance in the (oil) market and working towards its stability on a sustainable basis."
The council, which met on Tuesday evening during a session chaired by Saudi King Salman, reviewed a number of reports on developments in the region.
“Iran and its agents need to move away from its reckless behavior and spare the region the risks and not push them to undesirable consequences,” a statement from Saudi Minister of Media Turki al-Shabanah published by the Saudi Press Agency read.