Oil prices are at their lowest level in years due to a price war between Saudi Arabia and Russia, along with the outbreak of the coronavirus infection. While countries that depend on oil exports to fuel their national budgets will be hit severely by the low oil prices, energy companies, as well as banks, also ...
A price war led by Saudi Arabia has crashed global oil prices. With prices hovering around US$20-$25 per barrel, this is the lowest level in about 18 years. Combined with the lower demand for oil due to the outbreak of the CCP coronavirus, the near-term outlook for oil and the global economy does not look positive. Plunging ...
U.S. Secretary of State Mike Pompeo termed the drone attacks on Saudi oil facilities an “act of war” by Iran. Saudi Arabian Crown Prince Mohammed bin Salman agrees with the U.S. conclusion regarding the oil strikes after an inquiry into the matter. The oil strikes Bin Salman warned that if the world does not take ...
Saudi oil facilities were attacked on Saturday, September 21. Drones are claimed to have been used in the strikes. Satellite images indicate 17 points of strikes at the Saudi oil processing center in Abqaiq, along with another 2 points of impact at the Khurais facility. After investigations by the Saudi government, the strikes are found ...
Germany has officially extended the ban on arms sales to Saudi Arabia for a period of two weeks. The ban was put in place in November last year following the killing of journalist Jamal Khashoggi in which Saudi Arabia was said to have been complicit. Banning arms sales The ban was initially set to expire ...
Is Saudi Arabia’s crown prince looking for new allies with his latest tour of Asia? Saudi Arabia’s Crown Prince Mohammed bin Salman received some very warm welcomings on his most recent trip to Asia, while the West, according to mass media statements, is still shunning him. In Pakistan, the kingdom’s de facto leader was met ...
A Turkish official has claimed that Saudi Arabia sent a 2-man team to Istanbul after Khashoggi murder to clean up all existing evidence. Top Saudi officials are said to have been involved in the crime and cover-up. The cleanup team after the Khashoggi murder It was in early October that journalist Jamal Khashoggi was murdered ...
Just recently, the world was rattled by the announcement that an Artificial Intelligence (AI) entity was granted citizenship. In fact, the AI known as Sofia didn’t become a citizen of just any country, it was granted citizenship by Saudi Arabia. While this may come as a shock to some, others see it as a further step ...
© 2024 nspirement. All rights reserved
