Riyadh warns oil prices could soar on Iran tensions

WASHINGTON - Saudi Arabia's crown prince warned in an interview broadcast on Sunday that oil prices could spike to "unimaginably high numbers" if the world does not come together to deter Iran, but said he would prefer a political solution to a military one.

Speaking to the CBS program 60 Minutes, Mohammed bin Salman also denied that he ordered the killing of journalist Jamal Khashoggi by Saudi operatives nearly a year ago, but said he ultimately bears "full responsibility" as the leader of his country.

While Khashoggi's death sparked a global uproar, the US government's tense standoff with Iran, Saudi Arabia's arch-foe, has more recently dominated US policy toward Riyadh, especially after the Sept 14 attacks on the heartland of the Saudi oil industry.