Saudi Arabia focuses on picking up the pieces
Saudi Arabia needs to restore its image and keeping its economic reforms on track
Crown Prince Mohammed bin Salman has taken on his own shoulders the task of convincing the world that the kingdom has ridden the storm that blew up after the killing of columnist Jamal Khashoggi in the Saudi consulate in Istanbul. His decision to represent his country at the G-20 summit in Argentina sets the pattern for what are likely to be many months of global fence-building. His task is as critical for the future stability of the kingdom as it will be difficult to achieve. Ian Black, visiting fellow at the London School of Economics' Middle East Centre, says the stakes are high, given the global impact of the Khashoggi murder. Writing in Petroleum Economist's Outlook 2019, he adds that "
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
