Good Luck, Saudi Arabia, You're Going To Need It

Good Luck, Saudi Arabia, You're Going To Need It
AP Photo/Hassan Ammar, File

Depending on your political preference, you either have to feel sorry for Saudi Arabia or savor the moment . The country’s four-decade run as global oil king is slipping through its fingers, and there’s not really much it can do to stop the slide. Sure, Saudi Arabia is still the world’s largest oil exporter and its second largest oil producer, but its ability to sway global markets is much diminished.

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