US-Saudi ties strained as Mohammed bin Salman reverses on oil

FINANCIAL TIMES 🔒| The historic Opec+ deal sealed at the weekend to cut global oil supply by almost 10 per cent, and try to put a floor under a market with crude prices in freefall, may or may not work. More certain is that the oil price war that Saudi Arabia launched last month, just as the coronavirus pandemic started ravaging the global economy, has dented the kingdom’s reputation as a responsible actor in the international oil trade — and the suitability of Mohammed bin Salman to lead it.

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