Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on October 3, 2019

Bookmark and Share

Saudi Elites Question MbS’ Ability To Lead World’s Largest Oil Exporter After Aramco Attack

Saudi Elites Question MbS’ Ability To Lead World’s Largest Oil Exporter After Aramco Attack thumbnail

Sources told Reuters that members within Saudi Arabia’s ruling family and business elites are increasingly becoming frustrated with Crown Prince Mohammed bin Salman (MbS) after the largest-ever attack on Saudi oil facilities on September 14, reported Reuters.

Distinguished members within the ruling Al Saud family have expressed deep concern about MbS’ ability to defend and lead the world’s largest oil exporter, according to a senior foreign diplomat and five sources with ties to the Al Saud family, all spoke on condition of anonymity to Reuters.

Some of the sources said the September 14 attacks fueled unwanted tensions in the Middle East, especially the threat of imminent war with Iran.

“There is a lot of resentment” about the crown prince’s ability to lead, said one of the sources, a member of the Saudi elite with royal connections. “How were they not able to detect the attack?”

The source told Reuters that elite circles are now indicating “no confidence” in MbS. Four other sources and a senior diplomat have also confirmed that “no confidence” with the crown prince is building in the kingdom.

Another Saudi source said: “The latest events won’t affect him personally as a potential ruler because he is trying to stop the Iranian expansion in the region. This is a patriotic issue, and so he won’t be in danger, at least as long as the father lives.”

Neil Quilliam, a senior research fellow at Chatham House, told Reuters that, “There’s diminishing confidence in his [MbS] ability to secure the country – and that’s a consequence of his policies.”

The September 14 missile and drone attack set two Saudi Aramco’s oil facilities ablaze, paralyzing half of the kingdom’s oil production, but has since restored oil output to pre-attack levels.

“The magnitude of these attacks is not lost on the population, nor is the fact that he [the crown prince] is the minister of defense and his brother is deputy defense minister, and yet arguably the country has suffered its largest attack ever and on the crown jewels,” Quilliam said.

The attack has fueled resentment towards the crown prince who obtained power two years ago, arresting rivals to the throne on corruption charges.

Sources said MbS had spread the kingdom’s defenses too thin with an aggressive foreign policy towards Iran and the war in Yemen. They were also disappointed that MbS spent hundreds of billions of dollars on defenses that didn’t prevent the attack.

Another source said MbS’ efforts to centralize power had put the prince’s closest allies into government positions that they weren’t qualified for.

For instance, MbS removed Mohammed bin Nayef as crown prince and interior minister several years ago, who had more than two decades of experience in senior roles in the ministry. MbS replaced Nayef with his 33-year-old cousin, who had no experience whatsoever.

It remains to be seen how frustrated Saudi elites will handle MbS. Indeed, there’s a lot of anger about the crown prince’s leadership, and if another attack on the kingdom occurs, it’s likely that internal turmoil within the House of Saud could mean MbS’ days are numbered.

Saudi Elites Question MbS’ Ability To Lead World’s Largest Oil Exporter After Aramco Attack

zerohedge



17 Comments on "Saudi Elites Question MbS’ Ability To Lead World’s Largest Oil Exporter After Aramco Attack"

  1. JuanP on Thu, 3rd Oct 2019 9:23 am 

    There is only one way for them to deal with him. He will remain a problem for as long as he lives. Narcissistic psychopaths don’t get better. He will never stop fucking up because he believes himself to be so much more than he is and is completely disconnected from reality. We have our own example of a person with similar problems here on this board, too. He will never get better, either, but sooner or later we all die. Thank the gods for that! Can you imagine what life would be like if these pricks never died?

  2. Duncan Idaho on Thu, 3rd Oct 2019 12:30 pm 

    KSA needs to get rid of the Clown Prince— a really stupid, violent prick.
    Hmmm- reminds me of someone else—–

  3. Robert Inget on Thu, 3rd Oct 2019 4:00 pm 

    and This;

    Saudi Arabia credit rating downgraded over attacks, outlook
    Associated Press Mon, Sep 30 5:48 AM MST

    “Fitch said in a report on Monday it was cutting Saudi Arabia’s sovereign credit grade to A from A+ due to the tensions as well as broader weakness in the country’s finances.

    The agency said it believed “there is a risk of further attacks on Saudi Arabia, which could result in economic damage.””

    Full article at: https://www.yahoo.com/finance/news/saudi-arabia-credit-rating-downgraded-124827325.html

  4. makati1 on Thu, 3rd Oct 2019 5:45 pm 

    Isn’t it interesting that the countries most in the news are run by narcissistic psychopaths? Sanity only exists in the East these days.

    The US, KSA, UK, Germany, Poland, India, Japan, Australia. All Western countries or wannabees. Like watching the freak show at the circus. Especially the clown acts called the US elections. He said. She said. They said. Lies and more lies. Glad I don’t live there.

  5. Davy approves this message on Thu, 3rd Oct 2019 8:40 pm 

    Nice going, MODS, for paying no attention to the whiner and trouble-maker in chief, Davy.

    Face it, who would follow the advice of someone who has proven himself certifiably nuts.

  6. Anonymouse on Thu, 3rd Oct 2019 9:21 pm 

    Juan, if you could clarify something please. Are you talking about Mohammed bin Salmami of Saudi Jewrabia,

    or

    Missouri Mule Demented dim Davy?

    Kind of hard to tell.

    Regards

  7. supremacist muzzies jerk on Thu, 3rd Oct 2019 9:26 pm 

    supertard Anjuli Pandavar SAW SAWS pbuh swt is writing a 5-part series about muzies “inner strugle”

  8. supremacist muzzies jerk on Thu, 3rd Oct 2019 10:05 pm 

    Muzzies attack demi Lovato for baptism in Jordan river

  9. supremacist muzzies jerk on Thu, 3rd Oct 2019 10:55 pm 

    supertard Anjuli Pandavar SAW SAWS pbuh swt quoted some supertard SAWS pbuh swt SAWS saying in muzzieland an agreement is a view into the future. But he went on to say muzzies don’t adhere to agreement
    I don’t understand how that enables a window into the future

  10. supremacist muzzies jerk on Thu, 3rd Oct 2019 11:02 pm 

    A muzzie amputation machine was built by supertard Theodore roosevelt because he hated muzzies polygamy.
    The machine resembles a pod with and incline that the muzzie stands on and this is uncomfortable to stand on for 24 hour straight. The best of humanity Allah has created is a bit slow but he figure eventually that sticking both hands out will trip a switch and the incline levels out.
    Randomly rotating saw blade come down to do work.
    If the muzzie emerges intact he comes back every day for the next 3 months

  11. To China with Love on Fri, 4th Oct 2019 5:55 am 

    CHINESE POLICE CONFISCATE 13 TONS OF GOLD & CASH TOTALING 34 BILLION EUROS FROM HOME OF FORMER MAYOR

    DANZHOU, Hainan:

    Chinese police have found a huge fortune in the basement of the home of former mayor of Danzhou, including 13 tons of gold and a huge amount of cash in various currencies (dollars, euros and yuan), totaling 268 billion yuan, or 34 billion euros . The search was ordered by the National Supervisory Commission.

  12. DerHundistLos on Fri, 4th Oct 2019 6:03 am 

    The Clown Prince……… good one.

    Yeah, he has to go. It’s one sick screw up after the next. Remember, this all started when he ordered that a Washington Post journalist be lured into the KSA embassy, then attacked and dismembered except where to hide the body parts???

  13. Welcome to Modern. Civ. on Fri, 4th Oct 2019 6:13 am 

    Paris: FRENCH COP DECAPITATES FOUR FELLOWS

    A knife-wielding French cop working at police headquarters in central Paris went on a rampage with a Samurai sword Thursday, decapitating four police colleagues and seriously injuring one before being shot dead by fellow cops, officials said.

  14. Richard Guenette on Fri, 4th Oct 2019 10:38 am 

    Money is the root of all evil.

  15. Robert Inget on Fri, 4th Oct 2019 11:45 am 

    Ecuador’s fuel prices double OVERNIGHT.
    https://www.npr.org/2019/10/04/767164081/ecuador-in-state-of-emergency-end-of-fuel-subsidies-sparks-mass-protest

    (ECUADOR gave OPEC notice last week they are leaving OPEC) it was my impression since KSA is headed to chaos, OPEC will be leaving ALL
    it members holding the bag.

    Ecuador BTW, uses USD’s a its only paper currency. With Russia demanding dollars for oil,
    it’s only a matter of time before the remainder of OPEC members do the same.

    Since Ecuador is so closely tied to USD and Canada is America’s biggest trading partner,
    we can count on both to continue to denominate
    oil in dollars.

    If, when, the US loses dollar, replaced by euros or a basket of currencies the US will no longer be able to borrow at low market rates just to service the existing trillions in debt outstanding.

    Deflation, devaluation, reneging, depression, follows. The good news, Trump leaves the US for Moscow..

  16. FuelShortageComing on Fri, 4th Oct 2019 1:00 pm 

    The whole is in chaos now. It pretty obvious now that it is energy (Joule) that powered the world not money.

    * There is still protest in France. Not as big as before but enough to disrupts Paris downtown and touristic areas

    *Venezuela is still a shit hole but media don’t talk about it

    *Ecuador protest over fuel prices

    *Iraq protest over poor living conditions

    *Hong Kong protest getting more violent

    *South Africa is now a shit hole that has descended into chaos

    *Australia housing bubble has burst and they trying to contain the collapse and lack of government revenues
    https://www.youtube.com/watch?v=vJQa9Dc-QkY

    *Yemen is a shit hole with no hope

    *Canadians are paying more and more to keep avoid collapse.Average Canadian Household Spends More on TAXES than Necessities
    https://www.youtube.com/watch?v=Y6d4FS5L_9U

    *Global ice age coming and well most likey means the end of the human race
    Rattlesnake Mountain receives its Earliest Snowfall on Record
    https://electroverse.net/rattlesnake-mountain-receives-earliest-snow-on-record/

    Everything is fine people. Keep believing what you are told by your worthless governmental officials.

Leave a Reply

Your email address will not be published. Required fields are marked *