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Saudi Arabia to impose 'painful' austerity measures, triple VAT [Video]

Saudi Arabia to impose 'painful' austerity measures, triple VAT

Spending cuts come amid a plunge in oil prices that are hurting the government's finances.

Credit: Al Jazeera STUDIO     Duration: 02:57Published
US to remove Patriots, other military assets from Saudi Arabia [Video]

US to remove Patriots, other military assets from Saudi Arabia

WSJ: four batteries of Patriot surface-to-air missiles sent to deter Iranians will be removed from Saudi oil facilities.

Credit: Al Jazeera STUDIO     Duration: 05:18Published
Rising calls to block Saudi crude shipments to US [Video]

Rising calls to block Saudi crude shipments to US

US crude futures crashed on Monday with a glut of supply and lack of storage forcing pricing into the negative.

Credit: Al Jazeera STUDIO     Duration: 02:39Published

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Saudi oil price cut to hit ASX shares

Saudi Arabia has cut its oil price to below the benchmark to try to win back market share. This will have a long term impact on ASX shares.
Motley Fool - Published

‘Take out our swords': Inside Iran’s plot to attack Saudi oil

Three officials familiar with the meetings and a fourth close to Iran’s decision-making have described the role of Iran in plotting the September attack.
Sydney Morning Herald - Published Also reported by •The AgeBrisbane Times

Saudi oil giant to become the world's most valuable company - but questions remain

Move over Apple and Microsoft, there will soon be a new world's most valuable company. But exactly what it is worth is up for debate.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

The world's most profitable company pays its executives surprisingly little

Saudi oil giant Aramco is a cash cow for the kingdom, but for the executives running it, it's a relatively modest life compared to what their peers make.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

France, Britain and Germany blame Iran for Saudi attack

Britain, France and Germany have issued a joint statement blaming Iran for the September 14 attacks on Saudi oil facilities and calling for new negotiations.
SBS - Published

S&P/ASX 200 rises over 5% in last five weeks despite global uncertainties

S&P/ASX 200 (INDEXASX:XJO) has risen over 5% in the last five weeks with the charge led by the financial sector last week and the energy and utilities sectors this week. Following is an extract from..
Proactive Investors - Published

Trump plays down Pompeo's 'act of war' Iran comment

He struck a cautious note as his Secretary of State Mike Pompeo landed in Saudi Arabia using stronger language to describe the attacks on Saudi oil facilities.
Sydney Morning Herald - Published Also reported by •The AgeBrisbane Times

Saudi Arabia displays evidence 'proving' Iran was behind oil attack

Saudi Arabia displayed remnants of what it described as Iranian drones and cruise missiles used in an attack on Saudi oil facilities as "undeniable" evidence of Iranian aggression.
Sydney Morning Herald - Published Also reported by •The AgeBrisbane Times

What does the Saudi oil shock mean for ASX airlines like Qantas?

Oil prices rose after drone attacks debilitated Saudi’s key oil facility. What does this mean for oil-reliant ASX airline stocks like Qantas, Virgin Australia and Air New Zealand? 
Motley Fool - Published

Saudi oil refinery attack came from southwest Iran, the US claims

Vice President Mike Pence said the US was reviewing evidence that suggests Iran was behind the attacks and stands ready to defend its interests and allies in the Middle East.
Sydney Morning Herald - Published Also reported by •The AgeBrisbane Times

US official says Iran behind Saudi attack, warns of possible strikes

The US has concluded that an attack on Saudi oil facilities was launched from Iran, an official said Tuesday as Vice President Mike Pence again warned that the US military is "locked and loaded" for a..
SBS - Published

Iran rules out talks with US

The US and Saudi Arabia are pointing the finger at Iran over attacks on Saudi oil facilities but President Donald Trump says he's in "no rush" to retaliate.
SBS - Published

Aramco Said to Face Weeks Without Majority of Abqaiq Output

Video commentary for September 16th 2019   Eoin Treacy's view A link to today's video commentary is posted in the Subscriber's Area.  Some of the topics discussed include: fallout from the Saudi Oil..
Proactive Investors - Published

Donald Trump says he would 'like to avoid' war with Iran

Donald Trump said Monday that Iran was likely behind strikes on Saudi oil facilities, but that he wanted to be sure and he hoped to avoid war.
SBS - Published

Donald Trump 'almost sure' Iran behind Saudi attacks

Donald Trump said Monday that Iran was likely behind strikes on Saudi oil facilities, but that he wanted to be sure and he hoped to avoid war.
SBS - Published

Weapons used in oil field attack 'came from Iran', says Saudi coalition

The Riyadh-led coalition claims weapons used to strike Saudi oil facilities were Iranian-made.
SBS - Published

Iran says Saudi oil refinery attacks were self-defence by Yemen rebels

Iran has called the weekend attacks on a major Saudi Arabia oil refinery an act of self-defence by Yemeni rebels. It comes a s Washington said the US military is preparing a response to the drone..
SBS - Published

Australia not worried about oil shortages following Saudi attacks

Energy Minister Angus Taylor says the impact from the Saudi oil attacks will be "minimal" as Australia has "good stocks around the world".
Brisbane Times - Published


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