Iran’s 53 Billion Oil Barrel Dig May Spoil Sworn-Foe Saudis’ Aramco IPO

2019-11-12 13:53

The 53 billion barrels of crude oil reserves that Iran has revealed would comprise about 3% of the current proven reserves in the world. More oil in the world means lower prices. Saudi Aramco’s profits have been falling with declining prices.

Saudi Arabia’s oil giant Saudi Aramco may be the world’s most profitable company but […]

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Saudi Crown Prince Warns Iran War Means ‘Total’ Global Economy Apocalypse

Saudi’s crown prince warned that war with Iran would lead to a sweeping shattering the world’s economy. In a rare televised interview on 60 minutes aired over the weekend, Prince Mohammed bin Salman addressed key issues such as the death of Jamal Khashoggi, the recent Iranian attack on a Saudi Aramco oil plant, and the […] The post Saudi Crown Prince Warns Iran War Means ‘Total’ Global Economy Apocalypse appeared first on CCN.com

2019-9-30 15:24