Saudi Arabia was, for decades, the world's largest oil producer. This disruption is the biggest supply shock in absolute terms in the last five decades and has important repercussions for US-Saudi relations.
Khashoggi’s death stirred widespread disgust and hurt the image of crown prince, previously admired in the West for pushing to end the kingdom's oil dependence and easing social restrictions including by allowing women to drive.
Iran's military denied on Monday being behind attacks on oil tankers in the Gulf of Oman last week. But experts suggest that if Iran were involved, it would represent a calibrated yet risky pushback to the US.
Think tanks with nonprofit status aren't required to say much of anything when it comes to the source of their funding — whether it be billionaires or foreign governments. That can become a problem when such organizations significantly influence foreign policy — such as the Iran nuclear deal — without disclosing to whom they are financially beholden.
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