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Higher Oil Prices Could Threaten Saudi Vision 2030

Higher Oil Prices Could Threaten Saudi Vision 2030

Authored by Irina Slav via OilPrice.com,

Saudi’s headlines keep rolling in.

Saudi Arabia is deepening its ties with Russia, with billions of investments planned for the future. Saudi Arabia is going to allow women to drive. Saudi Arabia booked a second quarterly GDP contraction in a row, with non-oil revenues particularly worrying. Saudi Arabia is also going ahead with the Aramco listing in the second half of 2017, despite reports of a possible delay.

Is Saudi Arabia's Grand Strategy Shifting?

Is Saudi Arabia's Grand Strategy Shifting?

Authored by Andrew Korybko via Oriental Review,

Even in this era of global paradigmatic changes, Saudi Arabia’s shifting grand strategy is perhaps one of the most surprising developments to occur thus far, but the fast-moving Russian-Saudi rapprochement is likely to provoke an Iranian “zero-sum” reaction which could complicate Moscow’s multipolar efforts in managing the “New Middle East”.

Vladimir Putin with King Salman bin Abdulaziz Al Saud at the official greeting ceremony, Moscow, October 5, 2017 (Photo: kremlin.ru)

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