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Archive for the tag “Saudi Arabia”

Mohammed bin Salman Is Having a Fire Sale Of His Political Power

The two most important facts about Aramco are now directly in tension with one another. It has been central to the power of the House of Saud precisely because the royal family has had it under tight control. At the same time, Crown Prince Mohammed bin Salman has made it central to his plan to transform the country, known as Vision 2030, by promising to sell shares of the company to investors—thus giving them greater control over it.

Read Here – Foreign Policy

Modi Says India Values Saudi’s Vital Role

On the occasion of his visit to Saudi Arabia, his second in three years, India’s Prime Minister Narendra Modi said  that the two countries have been working together within the G20 to reduce inequality and promote sustainable development.
Modi said with the signing of an agreement on a Strategic Partnership Council, already robust and deep bilateral ties in various fields will only strengthen further. Saying stable oil prices are crucial for the growth of the global economy, he praised the Kingdom’s role as an important and reliable source of India’s energy requirements.

Read Here – Arab News

Also Read: MBS’s Reform-Driven Saudi Offers India Room To Strengthen Bilateral Ties

The Unwanted Wars

The war that now looms largest is a war nobody apparently wants… Iran has no interest in a wide-ranging conflict that it knows it could not win. Israel is satisfied with calibrated operations in Iraq, Lebanon, Syria, and Gaza but fears a larger confrontation that could expose it to thousands of rockets. Saudi Arabia is determined to push back against Iran, but without confronting it militarily. Yet the conditions for an all-out war in the Middle East are riper than at any time in recent memory.

Read Here – Foreign Affairs

Five Reasons Why The Saudi Oil Attacks Won’t Lead To War With Iran

Almost immediately after the attack on a major Saudi Aramco oil production facility in Abqaiq, the first fingers were pointed at Iran…As Saudi oil production halved and U.S. gasoline prices spiked, President Donald Trump raised the stakes. He warned that the United States was “locked and loaded”  following identification of the perpetrator. This led numerous outlets to claim that a U.S.-Iran war is likely or even inevitable. Fortunately, there are five reasons why it’s not.

Read Here – The National Interest

U.S. Blames Iran For Saudi Oil Attack, Trump Says ‘Locked And Loaded’

U.S. President Donald Trump said the United States was “locked and loaded” for a potential response to the attack on Saudi Arabia’s oil facilities, after a senior U.S. administration official said Iran was to blame. Trump also authorised the use of the U.S. emergency oil stockpile to ensure stable supplies after the attack, which shut 5% of world production and sent crude prices soaring more than 19% in early trade on Monday, before moderating to show a 10% gain.

Read Here – Reuters

Also Read: Saudi oil facility attacks may have come from Iraq

Iran Rejects US Accusation Over Drone Attacks On Aramco Plants

Iran has dismissed accusations by the United States that Tehran was behind drone attacks that set ablaze two major Saudi Aramco oil installations, as Saudi Arabia raced to restore operations at the damaged facilities. Yemen’s Houthi rebels claimed responsibility for Saturday’s assault on Abqaiq – the world’s largest oil processing plant – and the Khurais oilfield. The pre-dawn strikes knocked out more than half of crude output from the world’s top exporter.

Read Here – Al Jazeera

How Modi Turned The Gulf To His Favour

Indian Prime Minister, Narendra Modi meeting the Crown Prince of the Kingdom of Saudi Arabia Prince Mohammed Bin Salman Bin Abdulaziz Al-Saud on the sidelines of the G-20 Summit, in Osaka. Photo/PIB

So why did the Islamic powers in the Gulf embrace Modi over the past five years despite presumptions suggesting otherwise? The answer lies more within the interests of the Gulf nations itself than Modi government’s outreach, which however successfully lassoed in the interest of these cash-rich states looking towards the Indian economy to secure their own future financial interests, as regional behemoths such as Saudi Arabia start their attempts to shake-off a decades long addiction to the petro-dollar.

Read Here – ORFOnline

Taking On Tehran

Forty years after the revolution that ousted the Shah, Iran’s unique political-religious system and government appears strong enough to withstand US pressure and to ride out the country’s current economic difficulties. So how should the US minimize the risks to the region posed by the regime?

Read Here – Project Syndicate

Is The United States Baiting Iran Into A War?

With armed forces on both sides on high alert, additional American naval and aerial hardware newly arrived in theater, and Saudi Arabia having pounded the Iranian-backed Houthi rebel force in Yemen for its attack on a major Saudi oil pipeline, there remains not only the potential for an unintended clash or misfire, but also a worrying threat that misperception may lead to conflict.

Read Here – The National Interest

Saudi Arabia: The World’s Largest Arms Importer From 2014-2018

Saudi Arabia became the world’s largest arms importer from 2014 to 2018, accounting for 12 percent of the imports, an increase of 192 percent over 2009-2013, according to the latest report by the Stockholm International Peace Research Institute (SIPRI). According to data for 2018, the United States continued to supply the bulk of arms to Saudi Arabia, accounting for 88 percent of all arms sold to the country.

Read Here – Al Jazeera

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