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Oil prices might not recover soon. Here’s what that means for Saudi Arabia’s ambitious transformation plans
edition.cnn.com/2025/04/28/business/oil-prices-saudi-arabia-tariffs-opec-spc-hnk-intl/index.html
Oil markets have slumped in recent weeks over fears of a trade war between the US and China and a surprise decision by OPEC+ countries to increase output in May. That could spell trouble for some oil-dependent Middle Eastern economies.
On April 8, oil futures slid to a four-year low as…
This story appeared on edition.cnn.com, 2025-04-28 00:00:00.