Saudi economy meets financial hardship as oil price remains at 60 USD.
KSA curbs oil extraction to 10 m barrel per day. However US shale oil thwart attempts to increase the oil price through artificial shortage. Minister of Energy
Khalid al-Falih has been fired by MBS.
Media: stock market launch of oil production company Aramco possibly cancelled.
https://www.bild.de/politik/ausland/politik-ausland/haushaltsloch-in-saudi-arabien-bei-den-oel-scheichs-wird-die-kohle-knapp-64476958.bild.html
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