Obama: US, Gulf partners to address regional conflicts, economic issues

RIYADH - The United States and its Gulf partners pledged to continue working together to fight Islamic State and de-escalate other regional conflicts, US President Barack Obama said on Thursday, adding that concerns remain over Iran and economic issues including oil.
"The United States and the GCC will launch a new high-level economic dialogue with a focus on adjusting to lower oil prices, increasing our economic ties and supporting GCC reforms as they work to provide jobs and opportunities to their young people and all of their citizens," Obama said in remarks following the US-Gulf Cooperation Council summit.