An Overpriced IPO Won’t Help Aramco
Crown Prince Mohammed bin Salman is insisting on a high starting price for Saudi Aramco. He may end up with a lot of ungrateful subjects. State institutions usually go public Continue Reading
Saudi Crude Oil Exports Drop To 2-Year Low In September
Saudi Arabia’s crude oil exports dipped to a 22-month low of 6.67 million bpd in September, when the Kingdom was hit by attacks on its oil infrastructure that knocked 5 Continue Reading
Saudi coalition says Houthi rebels have hijacked ship in Red Sea
The Saudi-led military coalition in Yemen on Monday accused Houthi rebels of hijacking a tugboat towing a South Korean-owned drilling rig in the south of the Red Sea, according to Continue Reading
How Riyadh’s Saudi Aramco ambitions were thwarted
Some of the world’s top investment bankers gathered at a Riyadh palace on Saturday to deliver their final recommendations on a project that had consumed the government of Saudi Arabia Continue Reading
Iran’s regime faces a backlash at home and next door
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The Race To Develop A 50 Billion Barrel Oilfield
Both China and Iran think that sufficient time has passed from the furore in both countries that followed media reports of a slew of extremely favourable deals awarded by Tehran Continue Reading
36 Dead Following Fuel Protests In Iran
A Friday announcement by the government in Tehran that fuel prices will be hiked by as much as 50 percent and the commodity will be rationed sparked protests across the Continue Reading
The Iran Cables: Secret Documents Show How Tehran Wields Power in Iraq
In mid-October, with unrest swirling in Baghdad, a familiar visitor slipped quietly into the Iraqi capital. The city had been under siege for weeks, as protesters marched in the streets, Continue Reading
Iran’s Revolutionary Guard Threatens Action Against Protesters
Iran’s top paramilitary force threatened to crack down on Iranians protesting a rise in fuel prices, as Tehran struggles to counter U.S. sanctions that are crippling the country’s economy and Continue Reading
Iran’s Guards warn of ‘decisive’ action if unrest continues
Iran’s powerful Revolutionary Guards warned anti-government protesters on Monday of “decisive” action if unrest over gasoline price hikes does not cease, state media said, hinting at a harsh security crackdown. Continue Reading