Opinion: Saudi Oil Strategy: Brilliant Or Suicide?
Green Car Congress
AUGUST 13, 2015
percent in 2016. They are reducing the share of long-term contracts in favor of spot purchases. They are fighting a multi-front war with Iran directly (in Yemen) and indirectly (in Syria, Lebanon, and Iraq). The Financial Times quoted analysts as estimating the Saudi budget deficit in 2015 at $130 billion. percent in 2014 to 3.3
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