Tag "Riyadh"
All sides deepen the conflict in Yemen
Over the past three years, the civil war in Yemen has expanded internationally. Most recently, the Houthis have increased missile attacks against Saudi Arabia, and though Saudi air defenses have neutralized these launches, they propagate further escalation of the conflict in Yemen.
Xi Jinping’s visit to the Middle East: what’s in store for Saudi Arabia, Egypt, and Iran?
The Chinese president’s visits to Riyadh, Cairo, and Tehran signal an expanding role for China in the Middle East. But China’s uncertain economic prospects and antagonism toward Western dominance mean
OPEC likely to continue price war
The OPEC’s December meeting might cause more stir than usual, as the period of low oil prices enters its 18th month with no visible signs of changes in sight, and
Saudi Arabia’s deficit problem
Recently, Saudi Arabia’s public deficit has reached unusually high levels for the Kingdom. In an economy where oil revenues account for 90 percent of government revenues, the slump in oil
Will OPEC change its ways as oil continues to tumble?
Once the indisputable ruler of oil markets, the OPEC cartel is under great pressure to revise its current policy as low oil prices are starting to hurt oil exporters’ economies
Yemen conflict reveals shortcomings of Saudi Arabia’s foreign policy
With its vast oil riches and status as custodian of Islam’s holiest sites, Saudi Arabia has long practiced conservative and discreet foreign relations. But since his ascent to the throne, King Salman has
In Saudi Arabia, new king Salman seeks stability
The formal succession of power in Saudi Arabia brings former Crown Prince Salman to the throne of the Arab world’s largest economy. When news broke of the death of King
Oil outlook for 2015
“Best two days in 3 years,” read a headline closing the final week before Christmas, an early gift for US equity traders – tonic enough for most to wash down the
