Saudi crown Prince called the timing of a possible war with Iran
In 10-15 years the confrontation between Iran and Saudi Arabia threatens to escalate into open military conflict, warned the crown Prince Mohammed bin Salman. He called on the international community to exert pressure on Tehran.
Everyone understands that the middle East has remained fragile balance. And also the fact that Saudi Arabia against even a weakened Iran sanctions will not stand. In your own words the crown Prince probably wanted to not only once again confirm his position, which clearly appeal to Washington, but also to support oil prices.
This week has information that Saudi Aramco can still hold an IPO in the second half of 2018. About this in an interview with Bloomberg said the head of Saudi Aramco Amin Nasser. Of course, at the time of placing the Saudis need a comfortable oil prices. And verbal interventions in this regard has traditionally been very good. We continue to believe that the cost of black gold in the current year, investors should focus on the corridor of $60-$70 per barrel. The output of oil prices to around $100 per barrel, especially given the growth in the fed rate, can cause deceleration of the world economy and even recession.
The Director of analytical Department,