Canada's Saudi spat and oil's new world order
Canada's relations with the oil superpower have taken a turn for the worse
It all started with a tweet. In 280 characters, Canada's Global Affairs Ministry unleashed one of the fiercest diplomatic clashes with Saudi Arabia in memory. A seemingly innocent plea to release "peaceful" female human rights activists was met with a decidedly undiplomatic response. The reaction was immediate and swift—and unexpected in its ferocity. Crown Prince Mohammed Bin Salman expelled ambassadors, suspended all flights between the two countries, revoked visas and ordered the liquidation of all Canadian assets. A Saudi youth group went as far as to post a disturbing image of an airliner colliding with the CN Tower in Toronto in an apparent 9/11 style attack. Although the dispute is os
Also in this section
16 April 2026
Demand for oil is falling because supply cannot meet it, not because it is no longer required
16 April 2026
The continent has an immediate opportunity to make the most of its energy resources by capturing gas that is currently slipping away
15 April 2026
The continent is seeing political pushback to climate plans, corporate reassessment of transition goals and rising supply risk in a fractured global order
15 April 2026
The Middle East energy crisis may turn out to be pivotal to the industry’s long-term expansion, but significant challenges still stand in its way






