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October 15, 2022 9:35 am

Saudi Arabia Announces $400 Million Humanitarian Aid for Ukraine

avatar by i24 News

Saudi Arabia’s Crown Prince Mohammed bin Salman speaks during the Gulf Cooperation Council’s (GCC) 41st Summit in Al-Ula, Saudi Arabia January 5, 2021. Photo: Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS

i24 NewsSaudi Arabia on Saturday announced $400 million in humanitarian aid for Ukraine, the official SPA news agency said, adding that Crown Prince Mohammed bin Salman had made a phone call to President Volodymyr Zelensky.

The prince emphasized “the Kingdom’s position of supporting everything that will contribute to de-escalation, and the Kingdom’s readiness to continue the efforts of mediation,” SPA reported.

Saudi Arabia last month played an unexpected role in facilitating a prisoner-of-war swap between Moscow and Kyiv.

However, the war in Ukraine fueled tensions between Saudi Arabia and the United States after the kingdom largely resisted pressure to ramp up oil production to ease the energy crisis resulting from the conflict.

The kingdom has come under growing criticism from Washington after the Saudi-led OPEC group of oil exporters agreed on a drastic production cut with Russia and other allies, which could send energy prices soaring even higher.

Washington accused OPEC+ of aligning itself with Moscow, and on Wednesday, President Joe Biden threatened “consequences” for Saudi Arabia.

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