US President Donald Trump with Saudi Arabia’s Crown Prince Mohammed bin Salman. Photo: Reuters
US President Donald Trump with Saudi Arabia’s Crown Prince Mohammed bin Salman. Photo: Reuters

Saudi crown prince started an oil price war. How long can he afford it?

  • In response to Russia’s refusal to curb production to support oil prices, Saudi Arabia aggressively cut its prices and ramped up production
  • The attempt to win back market share could leave a massive hole in the kingdom’s economy, denting the crown prince’s ambitions to overhaul it

Topic |   Saudi Arabia
US President Donald Trump with Saudi Arabia’s Crown Prince Mohammed bin Salman. Photo: Reuters
US President Donald Trump with Saudi Arabia’s Crown Prince Mohammed bin Salman. Photo: Reuters
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