Economic

Saudi-U.S. relations to withstand North American oil boom

“Experts say Asia and Iran are the keys to maintaining a strong – but evolving – U.S.-Saudi Arabia energy relationship. As the United States produces oil at the highest levels in 20 years thanks to the shale boom, Saudi Arabia’s confidence in Asian markets could help keep relations between the two countries on track. ‘The Saudis don’t see the North American oil boom as a threat, not in the context of the global oil market,’ said a Washington-based energy consultant to governments and businesses, who did not want to be named.”

Source: Saudi-U.S. relations to withstand North American oil boom | Reuters

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