Will Middle East Tensions Prompt Saudi Arabia To Shift Its Oil Policy?

October 19, 2023
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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At the beginning of October, Saudi Arabia affirmed it would keep its voluntary oil production cut of 1 million barrels per day (bpd) until the end of the year and was in talks with the United States, which was brokering a deal on the normalization of Saudi-Israel relations. But the Hamas attack on Israel on October 7 and the subsequent Israeli retaliation targeting Gaza upended, once again, the geopolitical landscape in the Middle East—the world’s top crude oil exporting region where the biggest oil transit choke point is located. Saudi Arabia’s…

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

Will Middle East Tensions Prompt Saudi Arabia To Shift Its Oil Policy?

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