Attacks On Major Saudi Oil Installations Show Urgent Need For Peace With Yemen

"The war on Yemen, launched by the Saudi clown prince Mohammad bin Salman in 2015, cost Saudi Arabia several billion dollar per month. The Saudi budget deficit again increased this year and is expected to reach 7% of its GDP. The country needs fresh money or much higher oil prices.

Saudi Arabia recently renewed plans to sell a share of its state owned oil conglomerate Aramco. Earlier this month the long time Saudi Energy Minister Kalid al-Falih was first demoted and then removed from his position and replaced by Abdulaziz bin Salman, a half-brother of the clown prince:

"The long tradition of the oil minister as a technocrat non-royal has been broken, and the best theory is that departing minister Khalid Al Falih was too resistant to the pace of change pursued by Crown Prince Mohammed Bin Salman," wrote Paul Sankey, energy analyst with Mizuho.
The removal of Kalid al-Falih ended the nationalist resistance against the selloff of Aramco and the countries wealth.

But who will buy a share of the company when its major installations are not secure but under severe attacks?

The Saudi clown prince will have to make peace with Yemen before he can sell Aramco shares for a decent price. He will have to cough up many billions in reparation payments to Yemen and its people before the Houthi will be willing to make peace."

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