Crying Wolf and the Big Bang, Kingdom and Iran heading for war?

Geopolitics and war have reentered analysis of financial analysts and media this weekend with a bang. The long-foreseen attack on Saudi Arabia’s most critical infrastructure, the Al Abqaiq gas oil separation plant (GOSP), where all Saudi crude oil production goes from the well head (oil production well) through a gathering system and is then processed in the GOSP, by either drones or cruise missiles, has hit the market as a surprise.

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A New Era For Saudi Oil

After a long time of low profile strategic moves, Saudi Crown Prince Mohammed bin Salman has re-entered into the spotlights with a bang. International media are still reeling from the current news emerging from the OPEC leader, as Saudi minister of Energy Khalid Al Falih has been removed from power, and the Aramco IPO now at last seems to be materializing.

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The Silent Power Struggle Within Saudi Arabia

Saudi Arabia, OPEC’s leading oil producer, is not only stepping up its Saudi Aramco IPO process but is also reshuffling the oil and gas power dynamics within its borders. In the last couple of days, media sources have been heavily reporting on the effect that splitting up the Ministry of Energy, Minerals and Mines will have on the country’s oil strategy.

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