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Tag: Saudi Arabia

Saudi Arabia Buys Major Share in Spain’s Telefónica

Bridget Ryder September 14, 2023

Brussels warns this kind of state-backed foreign investment may jeopardise European security.

Peace in Ukraine Elusive as Jeddah Talks Conclude

Tristan Vanheuckelom August 7, 2023

While China was present, Russia, importantly, was not, casting doubt on the future viability of the initiative.

Saudi Crown Prince No Longer Interested in “Pleasing” the U.S.

Robert Semonsen April 10, 2023

The apparent deterioration in US-Saudi relations comes amid a recent worldwide trend toward de-dollarization with key, ascendent geopolitical actors, including but not limited to China, Russia, India, and Brazil all taking steps to reduce their use of the U.S. dollar.

Saudi Arabia Cuts Oil Production

Bridget Ryder April 3, 2023

According to Reuters, the total of recent cuts by the OPEC+ group, which includes Russia, has increased to 3.66 million bpd and accounts for 3.7% of global demand.

Diplomatic Coup: China Brokers Iran-Saudi Rapprochement

Tristan Vanheuckelom March 14, 2023

China has rearranged the power balance in the Middle East, leaving the U.S. and its main regional ally, Israel, isolated.

China’s Xi in Saudi Arabia to Deepen Ties, Expand Influence in Region

Tristan Vanheuckelom December 10, 2022

The White House has warned that China’s attempts to exert its influence worldwide, as it has just done with what was traditionally a U.S. regional ally, were “not conducive” to the international order.

OPEC+ Announces Cutting Oil Production by 2 Million Barrels a Day

David Boos October 9, 2022

In a move that left the White House “disappointed,” OPEC+ announced a cut of its oil production by 2 million barrels a day, which amounts to 2% of global oil production. The political and economical fallout may have far-reaching consequences.

Macron Hosts Saudi Crown Prince Muhammad bin Salman

Carlos Perona Calvete August 3, 2022

The meeting with Macron also contributes to a general rehabilitation of the Saudi Arabian government’s image in the West, following the murder of journalist Jamal Khashoggi and the war in Yemen.

Russian Oil Exports Keep Rising

Sven R. Larson July 25, 2022

While some media sources claim that Russian exports to Asian markets have fallen, others point in the opposite direction.

Saudi-Sponsored Interreligious Centre Leaves Vienna Amid Political Controversy

Carlos Perona Calvete April 9, 2022

The Centre seems to be part of Saudi Arabia’s attempted shift away from its historic alliance (and reliance) on Salafism. In this sense, the Centre and similar initiatives are an interesting index by which to judge the Arabian kingdom’s success.

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Issue 27, Summer 2023

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