July 9th, 20220— This article by Abbas Al Lawati originally appeared in CNN Business. It has been edited for style.
Oil has added trillions of dollars to Saudi Arabia’s coffers over the decades, but it’s a resource that will someday run out or lose value as the world turns to alternative energy.
Despite current high oil prices, the kingdom...
June 17th, 20220WASHINGTON, D.C. — The White House confirmed dates and some details on President Biden’s July trip to the Middle East, including Saudi Arabia and Israel, amid concerns over the human rights records of both countries.
Human rights advocates are critical of Biden’s July 13-16 trip, which will include a meeting with the...
November 26th, 20190TEHRAN – After 143 people have reportedly died in protests in Iran over rising fuel prices, which took a particularly violent turn last week, Iran’s Revolutionary Guard is threatening the U.S. and its allies against encroachments into the nation’s affairs.
General Hossein Salami, head of the Revolutionary Guard, told supporters...
November 23rd, 20180WASHINGTON — On Wednesday, President Trump praised Saudi Arabia for helping to lower oil prices as pressure intensified for the U.S. to impose tougher sanctions on its Arab ally over dissident Saudi journalist Jamal Khashoggi’s murder.
In a tweet, Trump thanked Riyadh for the recent drop in oil prices and called for prices to go...