Riyadh [Saudi Arabia], July 16 (ANI/Xinhua): Saudi Arabian Crown Prince Mohammed bin Salman Al Saud said on Saturday that the kingdom will increase oil production to 13 million barrels per day at most, the Saudi Press Agency reported.

Saudi Arabia won't have the capability to raise production further, the crown prince was quoted as saying.

Also Read | Islam in China Must Be Chinese in Orientation, Says President Xi Jinping.

His announcement came during a summit in Jeddah with U.S. President Joe Biden and leaders of other Gulf Cooperation Council member states, Egypt, Jordan and Iraq.

The crown prince said unrealistic energy policies would lead to higher inflation, urging unified efforts to support the world economy at a time of profound challenges.

Also Read | Indonesia: 10 Civilians Killed, 2 Wounded in Attacks by Separatist Group in Papua.

He called for international efforts to face the challenges of COVID-19 and geopolitics situations to achieve global economic recovery and food and health security.

Biden attended the summit on the last day of his first Middle East tour since taking office in early 2021. (ANI/Xinhua)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)