On Saturday afternoon November 4th from the Saudi capital of Riyadh, now former Lebanese Prime Minister Saad al-Hariri declared he resigned due to threat of assassination, saying, “I have sensed what is being plotted covertly to target my life.” The BBC reported that Hariri made multiple trips to Saudi Arabia (KSA) over the couple of […]
The recent Saudi-Iranian clash is unlikely to affect oil markets for now, but the redistribution of political power between Saudi Arabia and Iran, along with the US disengagement from the Middle East might have long-term consequences for the region’s stability and global oil supply trends.
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