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UK fails to source more Saudi oil to replace Russian imports, government indicates

( March 16, 2022, 21:00 GMT | Official Statement) -- MLex Summary: The UK appears to have failed to source more oil imports from Saudi Arabia as it reduces those from Russia to zero by the end of the year. Prime minister Boris Johnson met crown prince Mohammed bin Salman in Riyadh today for energy talks, but the meeting didn't result in any public declaration that Saudi Arabia would increase supplies to the UK. The two leaders discussed how countries can "work together to improve energy security and reduce reliance on Russian hydrocarbons" and agreed to "collaborate to maintain stability in the energy market," a UK government press release said.Statement follows....

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