Saudi Arabia focuses on picking up the pieces
Saudi Arabia needs to restore its image and keeping its economic reforms on track
Crown Prince Mohammed bin Salman has taken on his own shoulders the task of convincing the world that the kingdom has ridden the storm that blew up after the killing of columnist Jamal Khashoggi in the Saudi consulate in Istanbul. His decision to represent his country at the G-20 summit in Argentina sets the pattern for what are likely to be many months of global fence-building. His task is as critical for the future stability of the kingdom as it will be difficult to achieve. Ian Black, visiting fellow at the London School of Economics' Middle East Centre, says the stakes are high, given the global impact of the Khashoggi murder. Writing in Petroleum Economist's Outlook 2019, he adds that "
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
