Submitted by Tom Kool via OilPrice.com,
The great Kingdom of Saudi Arabia - the long-time dictator of crude oil prices for the world - is struggling on all fronts.
The Saudis are losing their proxy wars in both Syria and Yemen; their OPEC leadership is under threat; they are not winning the crude oil price war; and its long-running alliance with the West is in question.
A new report claims that Saudi Arabia’s King Salman bin Abdulaziz Al Saud is suffering from periodic blackouts and an inability to speak. The health of the 80-year-old monarch is reportedly deteriorating and he is under regular medical care. Press TV reports: The Palestinian Manar online newspaper cited an Arab official as saying on Wednesday. The unnamed source further said that King Salman has lost awareness of his surroundings, prompting physicians to advise his sons to restrict their father’s public appearances in a bid not to disclose the worsening conditions.
Submitted by James Stafford via OilPrice.com,
The rift between Saudi Arabia and Iran has quickly ballooned into the worst conflict in decades between the two countries.
Having upset The Sauds (by exposing the truth about The Kingdom's subjugation of women and medieval laws), and hurt relations with Saudi Arabia, Swedish foreign minister Margot Wallstrom has now made an enemy of another Middle-East nation. Israel has barred Wallstrom from entering their nation after she called for investigations into "extrajudicial killings" during recent violence.
Submitted by Nick Cunningham via OilPrice.com,
Saudi Arabia’s deputy crown prince Muhammad bin Salman made headlines this week when he said that the kingdom was considering an IPO of Saudi Aramco, the nation’s state-owned oil company.