• 4 minutes What If Canada Had Wind and Not Oilsands?
  • 8 minutes EU Confirms Trade Retaliation Measures vs. U.S. To Take Effect on June 22
  • 17 minutes Could oil demand collapse rapidly? Yup, sure could.
  • 15 hours Tariffs to derail $83.7 Billion Chinese Investment in West Virginia
  • 19 mins Could oil demand collapse rapidly? Yup, sure could.
  • 6 hours Kaplan Says Rising Oil Prices Won't Hurt US Economy
  • 1 hour U.S. Withdraws From U.N. Human Rights Council
  • 15 hours EU Confirms Trade Retaliation Measures vs. U.S. To Take Effect on June 22
  • 39 mins Gazprom Exports to EU Hit Record
  • 11 hours "The Gasoline Car Is a Car With a Future"
  • 7 hours Saudi Arabia turns to solar
  • 5 hours China’s Plastic Waste Ban Will Leave 111 Million Tons of Trash With Nowhere To Go
  • 19 hours North Korea, China Discuss 'True Peace', Denuclearization
  • 1 hour OPEC Meeting Could End Without Decision - Irony Note Added from OPEC Children's Book
  • 9 hours Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
  • 9 hours What If Canada Had Wind and Not Oilsands?
  • 19 hours WE Solutions plans to print cars
  • 12 hours EVs Could Help Coal Demand
  • 1 day Hey Oil Bulls - How Long Till Increasing Oil Prices and Strengthening Dollar Start Killing Demand in Developing Countries?
Alt Text

Venezuela And Russia Team Up To Tackle The Petrodollar

Maduro has proposed an alternative…

Alt Text

How Much Iranian Oil Can Trump Disrupt?

Now the U.S. has pulled…

Editorial Dept

Editorial Dept

More Info

Trending Discussions

Global Energy Advisory – 30th January 2015

Politics, Geopolitics & Conflict

Focus: Saudi Arabia

What has happened in Saudi Arabia with the passing of King Abdullah should be viewed as no less than a coup that was waiting for this death to make its final move. One way or another, the change of regime will herald significant change for Saudi Arabia—and more importantly, on a wider geopolitical level. Saudi Arabia is in trouble and surrounded by enemies on all sides—mostly of its own creation. At the helm now is King Salman of the powerful Sudairi clan, while King Abdullah’s Crown Prince Muqrin bin Abdulaziz, King Abdullah’s choice, is Crown Prince (for now), but his power will be significantly reduced and he will be shadowed by King Salman’s choice of deputy crown prince, Interior Minister Mohammed Bin Nayef. Perhaps more significantly, King Salman’s 35-year-old son, Mohammed bin Salman, is now defense minister and chief of the royal court (i.e. the royal gatekeeper), replacing a figure we are all happy to see go: Khalid al-Tuwaijri, the undeniable leader of Saudi Arabia’s murky foreign intrigues.

What we are primarily interested in here is what this will mean for Saudi Arabia’s foreign policy—which has, of late, been defined less by any coherent policy and more by dangerous foreign intrigue that has led enemies dangerously close to and even stepping their toes across its borders. It has also helped create major conflicts in Yemen and Syria.

The…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News