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  1. #36
    Council Member davidbfpo's Avatar
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    A short commentary on the Gulf States, including Saudi Arabia. When you are facing changing threat level and the oil price drops you have a big problem:
    For the seven years prior to December 2014 the average price of a barrel of oil was around $89 whereas from January 2015 to May 2016 it fell over 50% to $46. This had profound effects around the region.
    Link:https://defenceindepth.co/2016/07/08...ab-monarchies/

    There is a closed 2011-2014 thread A Gulf Sheikh down coming? which may help:http://council.smallwarsjournal.com/...ad.php?t=16968
    Last edited by davidbfpo; 07-09-2016 at 02:05 PM. Reason: 63,741v
    davidbfpo

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