Report: Saudi Arabia mulls oil trade relations with Israel

After years during which Israel and Saudi Arabia have been rumored to have low-key commercial ties, the two nations may soon engage in open trade relations.

The Kuwaiti news agency KUNA on Tuesday quoted Saudi Petroleum Minister of Ali Al-Naimi as saying that as Riyadh is seeking to increase oil sales, it would be willing to sell oil to any country that wants to buy it, including Israel.

Speaking at a press conference held as part of an OPEC summit held in Vienna on Sunday, the minister said, “We do not hold a grudge against any nation and our leaders promote peace, religious tolerance and co-existence. His Majesty King Abdullah has always been a model for good relations between Saudi Arabia and other states — and the Jewish state is no exception”…

Bizarre. Even money says it will be retracted.