Saudi crown prince, UK PM note importance of oil market stability

Reuters  |  LONDON 

(Reuters) - Saudi and British discussed the importance of oil market stability, May's office said on Sunday.

"May and the noted the importance of stability in the oil markets, which they said was in the interests of both consumers and producers," a statement said. They spoke by telephone on Saturday.

The two, who met in earlier this year, also discussed nuclear deal between global powers and Iran, which Britain is committed to despite a U.S. decision to withdraw.

"The emphasised the UK's commitment to (it)... as the best means of preventing acquiring a nuclear weapon," May's office said.

"But they agreed on the need to tackle Iranian destabilising activity in the (Middle East) region. As part of this the Prime Minister noted the importance of cooperation between their two countries to protect from ballistic missile attacks."

(Reporting by William James; Editing by and John Stonestreet)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, June 03 2018. 17:17 IST