The drop in the kingdom's credit outlook comes as it faces the risk of being dragged into a regional conflict with Iran.
Saudi Crown Prince Mohammed bin Salman says war [with Iran] would be catastrophic for global growth, in an interview with CBS, followed by more than one percent drop in oil prices.
Saudi Aramco is a massive contributor to climate change and at the same time, actively thwarts international efforts at mitigation.
The first step towards hegemony over the Arab world was the snuffing out of the Arab Spring movements.
The president’s delicate relationship with the Saudi royal family and Trump's re-election campaign are the real targets of the attack on Saudi Aramco.
While the Saudi kingdom has developed a compact fighting mechanism aided by superior air support, Tehran has gained significant battleground experience in the last few decades, accompanied by long-range ballistic capability.
Donald Trump cannot drag the US into another war ahead of an election and Iran is suffering from a crumbling economy and an increasingly frustrated populace.
Saudi Arabia's energy minister said that more than half of its daily crude oil production that was knocked out by a weekend attack had been restored.
Saudi Arabia has failed to devise a long-term strategy in the region while decades of Iranian planning now bears fruit.
Yemen's Houthi rebels attacked two Aramco oil facilities in Abqaiq and Khurais and vowed to widen the range of its attacks on Saudi Arabia, which leads a coalition fighting them in Yemen.
The Saudis might be considering Japan as a venue to go public with the world's most profitable company, and reap the benefits of the lower political and regulatory liabilities in the country.
Why are Muslim countries in the Gulf silent over the crackdown and abrogation of Article 370 in Jammu and Kashmir?
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2022 TRT World.