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Saudi Arabia

Saudi’s Increase Spare Capacity to Offset Iranian Influence

January 11, 2007By Andy RowellBlog Post 2 Comments

Saudi Arabia’s growing fear of Iranian influence in the Middle East may driving the world’s largest crude oil exporter to prepare a more aggressive long-term political oil strategy that would counter the Iranian ascendancy. According to Dow Jones, “under a new, accelerated production program, the kingdom could increase its spare oil drilling capacity to at … Read More

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