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by lukasm
853 days ago
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In the grand scheme of things it doesn't matter. The number one problem for SA is security. The state is fragile. Wahabi, Muslim Brotherhood, tribes that hate House of Saud. Secondly, Iran possess a direct threat, Houthi could destroy critical infrastructure. $$$$ spent on military doesn't help - they lost the war in Yemen. SA is on a lookout for allies: Defence partnership with Pakistan which probably end up in a nuclear technology transfer or purchase of atomic weapons. If USA would give better security guarantees to SA (similar to Jordan) with some tech transfer, SA would increase the output by 2x, which would result in $45 per barrel. |
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As for Iran, seems like recently there has been a rapprochement(mediated by China), will need to see where it leads. It's pretty clear to me SA is on the lookout for allies, but US is low on their list, as they realised(correctly) that all the human rights issues in Russia exist there as well and might get tackled by the West in a decarbonised future.