ABSTRACT
Within the Arab world, the Kingdom, working tirelessly to create and enhance Arab solidarity, has persistently pursued a policy designed to resolve disputes by diplomatic means.
In its relations with the major industrialized powers (the United States of America, Western Europe and Japan), the Kingdom of Saudi Arabia has always recognized the economic inter-dependence which must exist between those who need oil and the country which holds 25 per cent of the world’s oil reserves, and has endeavored to stabilize the oil price at a level which takes account of the needs of both net producers and net consumers.
