Saudi Arabia: Bani Salman leadership projects ruthless ambition as oil prices crash, virus spreads
- 19 Mar 2020
| 10 minute read
A largely unexpected conflict between Riyadh and Moscow has shattered the marriage of convenience which since 2016 has allowed the Organisation of the Petroleum Exporting Countries (Opec) and Non-Opec countries to stabilise oil prices and with them their domestic finances. The fallout, which threatens huge new pressures on oil producing economies, was driven by one of Opec’s most experienced officials, Saudi energy minister (and royal son) Prince Abdelaziz Bin Salman.
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