Saudi Arabia to Announce Billions to Ease Inflation Burden
Saudi Arabia on Monday announced it was providing 20 billion riyal (US$5.3 billion) directly to citizens in a bid to mitigate the impacts of inflation...
Biden’s Trip To Saudi Arabia Won’t Solve The Oil Market’s Problems
When news broke last week that President Biden was planning a Middle East visit that would include Saudi Arabia, many an industry observer saw in...
Say hello to Russian gold and Chinese petroyuan
It was a long time coming, but finally some key lineaments of the multipolar world’s new foundations are being revealed. On Friday, after a videoconference...
Don’t Count On OPEC To Bring Oil Prices Down
The crisis in Ukraine has dominated the media space for weeks now, with a special focus on potential energy supply disruptions should the invasion scenario...
China Is Chipping Away At America’s Influence In The Middle East
Last week saw a series of meetings in Beijing between senior officials from the Chinese government and foreign ministers from Saudi Arabia, Kuwait, Oman, Bahrain,...