Dubai—Saudi Arabia's king appointed his son, Prince Abdulaziz bin Salman, as energy minister on Sunday, replacing Khalid al-Falih and for the first time handing the portfolio in the world's top oil exporter to a member of the royal family.

Prince Abdulaziz, a longstanding member of the Saudi delegation to the Organisation of the Petroleum Exporting Countries (Opec), has decades of experience in the oil sector and is not expected to change the kingdom's oil and OPEC policies, Saudi officials and analysts say.

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