MBS will not win "Russian Roulette" - March 10

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Oil Crash Could Trigger A Recession In The Middle East
Read: https://oilprice.com/Energy/Energy-Gene ... -East.html

The oil price war that Saudi Arabia and Russia started will hurt the fiscal revenues of the oil producers in the Persian Gulf, including the Saudis, OPEC’s top producer and the world’s top oil exporter, according to credit rating agency Fitch.

“The collapse in oil prices will clearly be seen in fiscal numbers for the Gulf,” Jan Friedrich, the senior sovereign analyst for the Middle East and Africa, said on Monday, as carried by Reuters.