Saudi Arabia announces $400 mn humanitarian aid for Ukraine

Saudi Arabia announces $400 mn humanitarian aid for Ukraine
The war has allowed the kingdom to play the role of mediatory between Russia and Ukraine. Additionally, it has led to an increase in tensions with the United States over oil production.
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Crown Prince Mohammed bin Salman said "the Kingdom's position of supporting everything that will contribute to de-escalation " (Photo by Royal Court of Saudi Arabia / Handout/Anadolu Agency via Getty Images)

Saudi 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 emphasised "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.

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The war in Ukraine has, however, fuelled 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 has accused OPEC+ of aligning itself with Moscow, and on Wednesday, President Joe Biden threatened "consequences" for Saudi Arabia.