Why Saudi Just Abandoned Its Core Oil Rule

🇸🇦 Oilprice.com (SA) —
Why Saudi Just Abandoned Its Core Oil Rule

AI Summary

The article discusses Saudi Arabia's departure from a longstanding oil policy amid shifting regional and geopolitical pressures. It frames the issue around the objectives of the U.S.-led Operation Epic Fury against Iran, including nuclear, regime-change, missile, and proxy-force aims.

Few could argue with U.S. President Donald Trump’s key objective in launching ‘Operation Epic Fury’ against Iran on 28 February -- to prevent Iran from ever being able to develop a nuclear weapon. All members of his Cabinet fully backed this aim at the time, as they did the other three: to effect regime change, to critically degrade Iran’s ballistic missile capability, and to neutralise the ability of its proxies, especially Hamas and Hezbollah, to cause mayhem across the Middle East and the world. The degree to which these…

World Security Conflict Politics Commodities Energy Saudi Arabia oil policy Iran Operation Epic Fury nuclear program Middle East conflict

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