> For a major exporter such as Saudi Arabia, the government owns and controls nearly all oil production, so high prices generally benefit the government’s finances
I mean, i guess, but i suspect Saudi Arabia would rather not be dragged into this war (incl. the proxy part with yemen). I doubt the higher oil profit compensates for the other consequences.
bawolff · · focus · HN ↗
I mean, i guess, but i suspect Saudi Arabia would rather not be dragged into this war (incl. the proxy part with yemen). I doubt the higher oil profit compensates for the other consequences.