Australia  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

How Saudi Arabia could retaliate against U.S. sanctions over missing journalist

Video Credit: Reuters - 3D Animations (Next Me - Duration: 00:53s - Published < > Embed
How Saudi Arabia could retaliate against U.S. sanctions over missing journalist

How Saudi Arabia could retaliate against U.S. sanctions over missing journalist

President Trump has threatened Saudi Arabia with severe punishment if it's proven that they are behind the disappearance of journalist Jamal Khashoggi.

0
shares
ShareTweetSavePostSend
 

How Saudi Arabia could retaliate against U.S. sanctions over missing journalist

For story suggestions or custom animation requests, contact [email protected]

Visit http://archive.nextanimationstudio.com to view News Direct's complete archive of 3D news animations.

RESTRICTIONS: Broadcast: NO USE JAPAN, NO USE TAIWAN Digital: NO USE JAPAN, NO USE TAIWAN U.S. President Donald Trump has threatened Saudi Arabia with severe punishment if it's proven that they are behind the disappearance of journalist Jamal Khashoggi.

In response, the Saudis have vowed to carry out retaliatory measures that could potentially spark a "global economic disaster", according to an editorial by Al Arabiya general manager Turki Aldhakhil.

The Guardian reports that Saudi Arabia is the world's largest exporter of oil, shipping over 7 million barrels a day worldwide.

If they were to halt sales, oil prices could skyrocket from $80 per barrel to over $400.

This would not only drive up the global cost of petrol, but also any goods that are transported by land, including basic commodities.

As a major importer of U.S. arms, the Kingdom benefits American companies and jobs.

But a freeze in U.S.-Saudi relations could jeopardize this and see the Saudis buy from other arms exporters like Russia or China.

Saudi Arabia's Public Investment Fund is also set to invest over $20 billion in U.S. infrastructure — an agreement which could fall through in the event of a diplomatic standoff.

RUNDOWN SHOWS: 1.

Depiction of Saudi Arabia raising oil prices 2.

Depiction of gas and basic commodities affected by increased oil prices 3.

Depiction of US arms exports impacted by Saudi retaliatory sanctions 4.

Depiction of Saudi investments in US infrastructure VOICEOVER (in English): "Saudi Arabia is the world's largest exporter of oil, shipping over 7 million barrels a day worldwide.

If they were to halt sales, oil prices could skyrocket from $80 per barrel to over $400." "This would not only drive up the global cost of petrol, but also any goods that are transported by land, including basic commodities." "As a major importer of U.S. arms, the Kingdom benefits American companies and jobs.

But a freeze in U.S.-Saudi relations could jeopardize this and see the Saudis buy from other arms exporters like Russia or China." "Saudi Arabia's Public Investment Fund is also set to invest over $20 billion in U.S. infrastructure — an agreement which could fall through in the event of a diplomatic standoff." SOURCES: The Guardian, Reuters, The National https://www.theguardian.com/world/2018/oct/15/how-much-damage-can-saudi-arabia-do-to-the-global-economy https://www.theguardian.com/world/2018/oct/14/jamal-khashoggi-turkey-looks-to-uk-to-persuade-saudi-arabia-to-cooperate https://www.reuters.com/article/us-saudi-politics-dissident-sanctions/saudi-arabia-says-will-retaliate-against-any-sanctions-over-khashoggi-case-idUSKCN1MO0F1 https://www.thenational.ae/business/economy/how-saudi-arabia-might-retaliate-to-any-sanctions-1.780896 *** For story suggestions please contact [email protected] For technical and editorial support, please contact: Asia: +61 2 93 73 1841 Europe: +44 20 7542 7599 Americas and Latam: +1 800 738 8377




You Might Like

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.