RIYADH: Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan has discussed the repercussions of regional conflict for the regional security and the global economy with the Chief of Staff to the President of the Republic of Korea and Presidential Special Envoy Kang Hoon-sik.
During a meeting in Riyadh on Sunday, they also reviewed bilateral cooperation relations, the Saudi Press Agency (SPA) reported.
Earlier, Saudi Arabia said that its critical east-west oil pipeline and key energy facilities have been restored to operational capacity following attacks by Iran on targets across the Gulf.
In a statement carried by the Saudi Press Agency, the kingdom’s energy ministry said the damaged facilities had “recovered and regained their operational capacity”, reinforcing the reliability of global energy supplies.
The attacks had temporarily disrupted output, causing a loss of around 700,000 barrels per day in pumping capacity through the east-west pipeline — a vital route that transports crude across the kingdom to Red Sea export terminals.
Meanwhile, Pakistan-mediated talks between the United States and Iran concluded in Islamabad on Sunday without an agreement after more than 21 hours of intensive negotiations, with all sides signalling that diplomatic engagement will continue.
US Vice President JD Vance said the discussions were substantive but fell short of a breakthrough, while indicating that Washington has put forward what it described as a final proposal.
“We’ve made very clear what our red lines are, what things we’re willing to accommodate them on, and what things we’re not willing to accommodate them on… and they have chosen not to accept our terms.”
Despite the lack of agreement, Vance signalled that diplomacy was still in motion, confirming that a proposal had been left on the table for Tehran to consider.
