Reuters - Saudi Arabia�s foreign minister on Tuesday welcomed a U.S. decision to end all Iran sanction waivers by May, saying it was a necessary step to halt Tehran�s policy in the region.

�Saudi Arabia fully supports this step taken by the United States as it is necessary to force the Iranian regime to end its sponsorship of terrorism around the world,� Ibrahim al-Assaf said in comments carried on state media.

He reiterated a statement issued by the kingdom�s energy minister on Monday that the world�s largest oil exporter would coordinate with other oil producers to ensure an adequate crude supply and balanced markets after Washington�s announcement.


Reporting by Omar Fahmy in Cairo and Tuqa Khalid in Dubai; Writing by Ghaida Ghantous; Editing by Andrew Heavens