S&P Affirms Ratings On Saudi Arabia At 'A+/A-1' With 'Stable' Outlook

March 14 (Reuters) - S&P:

• S&P: RATINGS ON SAUDI ARABIA AFFIRMED AT 'A+/A-1'; OUTLOOK STABLE

• S&P: STABLE OUTLOOK REFLECTS VIEW THAT SAUDI ARABIA WILL BE ABLE TO WEATHER THE ONGOING REGIONAL CONFLICT

• S&P: CURRENT BASE CASE IS THAT MAIN THREATS TO SAUDI ARABIA WILL BEGIN TO FADE BY END OF MARCH AS TENSIONS IN REGION BEGIN TO FALL

• S&P: SAUDI ARABIA CAN MITIGATE CLOSURE OF STRAIT OF HORMUZ BY SHIFTING HYDROCARBON EXPORTS TO RED SEA PORT OF YANBU VIA EAST-WEST OIL PIPELINE