SANCTIONS & VISA BANS IMPOSED ON SAUDIS BY US OVER KILLING OF JAMAL KHASHOGGI

Highlights

• Talking about the sanctions, a senior Biden administration official had said that “The aim is a recalibration in ties and not a rupture. That’s because of the important interests that we do share.”

• Treasury Secretary Janet Yellen in h...

SAUDI ARABIA IN AN AGGRESSIVE BID TO TILT THE OIL MARKET SHARE IN ITS FAVOR

• Saudi Arabia accused of decimating the rival oil producing nations by increasing oil stakes in an oil-inundated market
• Saudi Arabia has made intentions clear by refusing to act as the steadying force in a crumbling market.

An increase in oil reserves in all co...