( Middle East Monitor ) – When Saudi Arabia approached members of the Organisation of Petroleum Exporting Countries (OPEC) and its affiliates recently to cut oil production in an attempt to cushion the impact of the falling oil prices as a result of Covid-19, Russia rejected the proposal. The subsequent spat between Moscow and Riyadh […]
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Saudi Arabia
With Oil Prices in Freefall, Coronavirus Reveals Weaknesses of Saudis, Arab Gulf States
By Marwan Kabalan | – ( Middle East Monitor) – The coronavirus outbreak has put the Arab Gulf States under the spotlight and exposed their structural weaknesses. It has also suggested that security, which is often the focus because of geopolitical regional rivalry, especially with Iran, distracts from other equally important threats. While it is […]
Despite Trump support for Saudi Arabia, it is finally on the verge of defeat in Yemen
By Omar Ahmed | – ( Middle East Monitor ) – Exactly five years ago, the US-backed, Saudi-led Arab coalition carried out its first air strikes on Yemen in an effort to reinstate the disgraced, exiled President Abdrabbuh Mansur Hadi. He is a statesman in name only who I have argued previously has neither power, […]
Yemen: Saudi Forces Torture, ‘Disappear’ Yemenis
At Least 5 Detainees from al-Mahrah Illegally Transferred to Saudi Arabia
Why have America and Saudi Arabia Bonded for Decades? Can you Say ‘Oil,’ Children?
By Essam Abdul Shafi | – ( Middle East Monitor) – With its inherent connection to the religion of Islam as the Custodians of the Holy Mosques in Makkah and Madinah, Saudi Arabia’s origins and characteristics were reflected by US policy towards the Kingdom from its foundation. American missionaries based their efforts on providing social, […]
Night of Long Knives: Saudi Arabia’s Crown Prince Grasps for Absolute Power
By Umer Karim and Scott Lucas | – The news seeped out of Saudi Arabia into international outlets late on March 6. King Salman’s brother, Prince Ahmad bin Abdul Aziz, had been detained along with the king’s nephew Prince Mohammad bin Nayef, former crown prince and interior minister. Reports disseminated to the media said the […]
Behind the Turmoil: Russia Provoked Oil Price Fall to Protect its Markets from US Frackers, which could now Collapse
Ann Arbor (Informed Comment) – Last weekend, OPEC Plus, an expanded cartel of petroleum exporters, considered a plan for members to cut back on their oil production so as to support prices in the face of a slowing world economy owing to the novel coronavirus. The Russian Federation rejected the plan put forward by OPEC, […]
“A Toothpick in a Tsunami”: US Big Oil Faces Bankruptcy as Prices Plunge 30% on Saudi Expansion
Ann Arbor (Informed Comment) – Oil prices plummeted by 30% on Monday morning in Asia on news that Saudi Arabia intended actually to cut its prices and increase its production on April 1 to more than 10 million barrels a day. As a result, Asian markets also took a huge hit. Riyadh’s move came after […]
Seeking Absolute Power in Saudi Arabia, Bin Salman engineers Arrest of Rivals, including former Crown Prince
Ann Arbor (Informed Comment) – Glen Carey and Vivian Nereim at Bloomberg report that the Saudi government has arrested former crown prince Mohammed Bin Nayef, his brother Nawwaf, and the brother of King Salman, Prince Ahmed bin Abdulaziz Al Saud. They say their Saudi sources intimated that the three are accused of plotting to overthrow […]