Saudi King Salman (L) speaks with his delegations during the opening meeting of the Arab Summit in Sharm el-Sheikh, in the South Sinai governorate, south of Cairo (REUTERS/Stringer).
Which Way Will Saudi Arabia Swing?
May 1, 2015,
Luay al-Khatteeb examines the implications of this week's historic reshuffle in the senior Saudi senior leadership for energy markets. He argues that responsibility for the recent collapse in oil prices falls squarely on the United States and Russia, and he anticipates that the generational shift underway in the Saudi royal family, and in its oil industry, will prioritize the Kingdom's interests in shaping energy policy and responses to market dynamics.