Saudi Arabia’s Economic Strategy is a Double-Edged Sword for OPEC Stability
Tuesday, 16 July 2024 () While countries like Brazil and the United States are often seen as major pressures on OPEC oil production policies, Saudi Arabia’s ambitious Vision 2030 might pose an even greater challenge. This transformative economic strategy, spearheaded by Crown Prince Mohammed bin Salman, aims to shift the kingdom's reliance away from oil, potentially destabilizing OPEC's delicate balance. Transformations are pricey. And Saudi Arabia’s Crown Prince Mohammed bin Salman’s grand plan to diversify its economy away from oil by embracing lavish…
Yemen's Houthis have issued a chilling warning to Saudi Arabia, escalating tensions in the region. In a dramatic video titled "Just Try It," the Iran-backed group released..
Several countries, including Saudi Arabia and Canada, have issued travel warnings for Lebanon due to escalating tensions with Israel. Saudi Arabia urges its citizens to leave immediately, while Canada..
Pilgrims in Mina, Saudi Arabia, have ended this year’s Hajj in the traditional way, by stoning the Devil. The symbolic stoning of the devil marks the final days of Hajj and the start of Eid al-Adha...