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SAUDI ARABIA: Truce in the oil price war, but long-term challenges persist

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● In a week of drawn-out oil production negotiations, Saudi Arabia managed to preserve OPEC+ and seemingly deliver a win to US President Donald Trump.

● Sustained low oil prices will squeeze reform and modernization efforts in Saudi Arabia, but it will not end them.

When Saud...

 

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SAUDI ARABIA: Truce in the oil price war, but long-term challenges persist

● In a week of drawn-out oil production negotiations, Saudi Arabia managed to preserve OPEC+ and seemingly deliver a win to US President Donald