Senior officials from Egypt, Jordan, Saudi Arabia, Sudan and Yemen are meeting
in the Egyptian capital, Cairo.
It comes amid a report that pirates who hijacked a Saudi oil tanker on Saturday
are demanding a $25m (£17m) ransom.
However, the Sirius Star's owners, who are negotiating with the pirates, have
cast doubt on that figure.
A spate of pirate attacks off the coast of Somalia has prompted an emergency
meeting between nations bordering the Red Sea to deal with the problem.
The Sirius Star, the biggest tanker ever hijacked, is carrying a cargo of 2m
barrels - a quarter of Saudi Arabia's daily output - worth more than $100m.
It is now anchored off the Somali coast with around 25 crew members being
held as hostages
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