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June 18, 2024
Says oil prices could spike to unimaginably high levels if the world doesnt come together to deter iran theyve been attacks on the saudi oil sector the Worlds Largest crude exporter sharply reducing production still havent been so and says he prefers a political solution to a military one thats helping ease Oil Prices Today but not the saudis worries fitch has downgraded their Credit Rating citing the rising tensions. Saudi arabias message is clear an Armed Conflict with iran would have catastro...
September 30, 2019
Threaten world interests oil supplies will be disrupted and oil prices will jump to unimaginably high numbers that we havent seen in our lifetimes. saudi arabia is urging the u.s. to continue talks with the wrong with the hopes of reducing some of the political strain on the strait of hormuz the worlds most vital shipping route for oil almost a 5th of the planets crude passes through it making riyadhs warning all the more urgent. singapore is asias undisputed oil hub lets go over to our correspo...