Mohammed bin Salman warns, war with Iran will 'collapse world economy'

Saudi Arabia's Crown Prince Mohammed bin Salman warned that a war with Iran could collapse world ecomy and that prices of crude oil could soar to "unimaginably high numbers" in case of a military confrontation. 

Mohammed bin Salman, also kwn as, MbS to western world held Iran responsible for Kingdom oil facility citing it to be ir "stupidity" and said that only a "fool" would attack 5% of global supplies. 

Saudi Arabia's de facto ruler told US-based CBS program 60 Minutes, " region represents about 30% of world's energy supplies, about 20% of global tre passs, about 4% of r world's GDP. Imagine all of se three things stop. This means a total collapse of global ecomy, and t just Saudi Arabia or Middle East countries." 

"If world does t take a strong and firm action to deter Iran, we will see furr escalations that will threaten world interests," he ded.  drone attack on Saudi Arabia's energy infrastructure halted almost half of Kingdom's oil production capabilites and affected 5% of world oil supply.

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While rebel Iran-backed Houthi claimed responsibility for attack on Aramco oil facility, Saudi Arabia and ally United States along with European powers- UK, France and Germany have held Iran responsible for attack. Tehran has strongly refuted any involvement. 

Iran-US relations 

Despite calling attack an "act of war,"  Crown Prince said that he preferred a peaceful solution to ongoing conflict inste of a military confrontation with Iran. Mohammed bin Salman furr suggested that US President Donald Trump must meet with his Iranian counterpart Hassan Rouhani to draft a new nuclear deal. 

During UN General Assembly that found Presidents of both Iran and United States under one roof, French President Emmanuel Macron and British Prime Minister Boris Johnson both could be seen convincing Hassan Rouhani to meet with Trump. 

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"What is important is that if he leaves country without meeting with President Trump, this is a lost opportunity. Because you will t come back to US and President Trump will t go to Tehran" said Macron, as Johnson agreed with him.

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