Saudi says no plans for embargo despite Khashoggi row
Moscow, Oct 22 : Saudi Arabia said Monday it had no plans to repeat its harsh 1973 oil embargo, even as relations with the West sour following the killing of Saudi critic Jamal Khashoggi.
Riyadh, long the world's biggest oil producer, hiked prices sharply during the 1973 Yom Kippur War, setting off a wave of inflation that plunged developed economies into years of crisis.
Saudi Oil Minister Khaled al-Faleh told the TASS news agency that "there is no intention" of repeating the events of 1973.
"Saudi Arabia is a completely responsible country. For decades, we have used our oil (production) policy as a responsible economic tool and we have kept it apart from politics," Faleh was quoted as telling TASS in an interview in Riyadh.
"If oil prices were to rise too much, that would slow the global economy and set off a global recession.
"Saudi Arabia has been coherent in its policy. We work to stabilise global markets and to facilitate global economic growth," he added.
Riyadh's changing accounts of what happened to Khashoggi, an insider turned critic of the government, have run into increasing western scepticism, with even firm ally US President Donald Trump saying the government had lied about what happened.
In its latest version, the government conceded that Khashoggi was killed by mistake in its Istanbul consulate but this only sparked more calls for a complete and transparent investigation, coupled with the threat of sanctions.
"This incident will pass," al-Faleh forecast.
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Another North Goa nightclub sealed; Kejriwal says corruption led to fire tragedy
Panaji (PTI): As part of a crackdown against tourist establishments violating laws and safety norms in the aftermath of the Arpora fire tragedy, Goa authorities on Saturday sealed a renowned club at Vagator and revoked the fire department NOC of another club.
Cafe CO2 Goa, located on a cliff overlooking the Arabian Sea at Vagator beach in North Goa, was sealed. The move came two days after Goya Club, also in Vagator, was shut down for alleged violations of rules.
Elsewhere, campaigning for local body polls, AAP leader Arvind Kejriwal said the fire incident at Birch by Romeo Lane nightclub at Arpora, which claimed 25 lives on December 6, happened because the BJP government in the state was corrupt.
An inspection of Cafe CO2 Goa by a state government-appointed team revealed that the establishment, with a seating capacity of 250, did not possess a no-objection certificate (NOC) of the Fire and Emergency Services Department. The club, which sits atop Ozrant Cliff, also did not have structural stability, the team found.
The Fire and Emergency Services on Saturday also revoked the NOC issued to Diaz Pool Club and Bar at Anjuna as the fire extinguishers installed in the establishment were found to be inadequate, said divisional fire officer Shripad Gawas.
A notice was issued to Nitin Wadhwa, the partner of the club, he said in the order.
Campaigning at Chimbel village near Panaji in support of his party's Zilla Panchayat election candidate, Aam Aadmi Party leader Kejriwal said the nightclub fire at Arpora happened because of the "corruption of the Pramod Sawant-led state government."
"Why this fire incident happened? I read in the newspapers that the nightclub had no occupancy certificate, no building licence, no excise licence, no construction licence or trade licence. The entire club was illegal but still it was going on," he said.
"How could it go on? Couldn't Pramod Sawant or anyone else see it? I was told that hafta (bribe) was being paid," the former Delhi chief minister said.
A person can not work without bribing officials in the coastal state, Kejriwal said, alleging that officers, MLAs and even ministers are accepting bribes.
