Turkish, Saudi officials enter consulate in Istanbul amid joint Khashoggi probe

Rising tensions between US & Saudi Arabia over Khashoggi case rock oil prices

Rising tensions between US & Saudi Arabia over Khashoggi case rock oil prices

"I am immediately sending our Secretary of State to meet with King!"

According to the Saudi Press Agency, an official said: "The Kingdom affirms its total rejection of any threats and attempts to undermine it, whether by threatening to impose economic sanctions, using political pressures, or repeating false accusations".

In an earlier phone call with Trump in April, King Salman reiterated Riyadh's position that Jerusalem must remain the capital of Palestine amid speculation that the kingdom had given up on the longstanding position. Surveillance footage from cameras surrounding the consulate showed Khashoggi entering the complex but did not show him leaving.

Turkish officials believe Mr Khashoggi was murdered in the consulate by Saudi agents almost two weeks ago but Riyadh has always strongly denied this.

At one point, he said that he cancelled his promotion tour in Saudi Arabia after being informed of Khashoggi's suspicious disappearance inside the country's Istanbul consulate. The dissident Saudi journalist's Turkish colleagues and several Turkish officials have voiced concerns that he was murdered in the consulate.

Last year, Saudi Arabia launched the Future Investment Initiative (FII) conference, an event attended by businesses and government leaders around the world to discuss trends in the global economy.

Endeavor is exploring the possibility of backing out of its $400 million deal with the Saudi Public Investment Fund, Variety has confirmed. Permission for that apparently came after a late Sunday night call between Saudi King Salman and Turkish President Recep Tayyip Erdogan.

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In an interview scheduled to air Sunday, Trump told CBS' "60 Minutes" that Saudi Arabia would face strong consequences if involved in Khashoggi's disappearance.

Turkey rejected that offer.

Khashoggi, a Washington Post contributor and Saudi citizen residing in the United States, vanished on October 2 after visiting the building to obtain official documents.

Reports suggest an assault and struggle took place in the consulate after Mr Khashoggi went to get paperwork for his forthcoming marriage.

This would not explain why the Saudi team allegedly brought a bone saw with them to the consulate.

Arab nations followed up, releasing statements in support of Riyadh, with Bahrain's foreign minister calling for a boycott of the ride-sharing app Uber, after its CEO, Dara Khosrowshahi, pulled out of the conference.

It is still unclear whether US Treasury Secretary Steve Mnuchin will attend the conference.

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