http://cnn.netscape.cnn.com/ns/news/story.jsp?id=2004041914030002047120&dt=20040419140300&w=RTR&coview=Saudi Arabia said Monday it will not use oil prices to try to sway the U.S. presidential election, denying an allegation that the kingdom would cut petroleum prices before November to boost President George W. Bush's re-election bid.
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A Saudi official issued a statement saying the kingdom -- the world's largest oil exporter -- will not interfere with U.S. elections and will remain a reliable supplier of oil.
"We do not use oil for political purposes; it is too important a commodity, and its impact on the global economy (of which we are a part) is tremendous," said Adel Al-Jubeir, foreign affairs adviser to the Crown Prince of Saudi Arabia.
"Saudi Arabia also does not interfere in elections," he said.