"We can speak only for ourselves", said Peskov.
According to business daily Kommersant, the new arms contracts with Saudi Arabia are worth more than $3 billion, $2 billion of which will be spent by Saudis on the S-400.
Saudi Arabian Military Industries (SAMI) has signed a Memorandum of Understanding (MoU) with Russia's state company Rosoboronexport for procurement of several armament systems.
Crude oil prices gained as Saudi Arabia and Russian Federation, the world's biggest oil exporters, signaled continued cooperation on efforts to erode the surplus supply of crude globally. "This process is very hard because Saudi Arabia has been closely connected with the United States for many years - financial, economic, political relations", political scientist Yury Pochta told Sputnik Radio.
Riyadh and its allies have been bombing the Iran-aligned Houthis in Yemen since the Houthis seized much of the country's north in 2015.
According to her, Russian Federation will also supply Saudi Arabia with Kornet-EM anti-tank missile systems, Buratino TOS-1 heavy flame-thrower systems, AGS-30 automatic grenade launchers and Kalashnikov AK-103 assault rifles.
Prompted by Iran's threats to the Gulf region, the U.S. has reportedly approved the sale of THAAD anti-missile defence system to Saudi Arabia at an estimated cost of Dollars 15 billion, the Pentagon said on Friday. The deputy commander of Russia's Aerospace Force, Viktor Gumenny, said that the S-400 systems began to be armed with missiles capable of hitting targets in near space. The system is able to track and engage up to 300 targets to an altitude of 27 kilometers at the same time.