A Look At How Tensions Between Saudi Arabia And Iran Are Impacting Oil Markets

Read..This news is from warnewsupdates ....enjoy

NOW THE NEWS IN FULL.....

Jan 5th 2016, 16:30

Saudi Arabian Oil Minister Ali al-Naimi talked to journalists during a meeting of OPEC oil ministers in Vienna on Dec. 4, 2015. PHOTO: HEINZ-PETER BADER/REUTERS

Wall Street Journal: Tension Between Iran and Saudi Arabia Presents New Test for OPEC

Diplomatic crisis comes amid a sharp tumble in oil prices.

LONDON—The diplomatic crisis between Saudi Arabia and Iran presents a new test for the Organization of the Petroleum Exporting Countries at a particularly challenging time for the oil-producing cartel.

The 13-nation group that controls more than a third of the world's oil supplies has been able to function in the past even when its members were at war. Iraq and Iran sent representatives to OPEC meetings during their war in the 1980s, and Saddam Hussein's oil officials sat at the table with representatives of Kuwait's exiled government after Iraq invaded in 1990.

But the confrontation over Saudi Arabia's execution of a prominent Shiite cleric, Nemer al-Nemer, could prove to be an even trickier situation for OPEC because of the sectarian anger it has unleashed across the Middle East in countries whose economies have been slammed by depressed oil prices. Saudi Arabia is primarily a Sunni Muslim country, while Iran is mostly Shiite.

More News On How Tensions Between Saudi Arabia And Iran Are Impacting Oil Markets

Iran, Saudi Arabia tensions can't halt slide in oil prices -- Chicago Tribune
Rising tension between Saudi Arabia and Iran isn't enough to stop the slide in oil prices -- AP
Mideast oil exports unlikely to face disruptions: Analyst -- CNBC
Saudi Arabia, Iran and global oil supplies -- DW
Oil Market Settles Lower, Taking Iran-Saudi Dispute in Stride -- NYT
Oil investors are underestimating the seriousness of the Saudi Arabia-Iran diplomatic skirmish -- Elena Holodny, Business Insider
Why Oil Prices Should Stay Low Despite Saudi-Iranian Tensions -- Rana Foroohar, Time
Here's Why Saudi Arabia-Iran Tensions Will Not Lead to Oil Market Mayhem -- Cyrus Sanati, Fortune

KEEP SCROLLING TO THE END ...WE STILL GOT LOTS MORE .......

Revenge is a Poison meant for others, which we end up swallowing ourselves. Vengence is a Dark Light that blinds all who seek it. Don’t argue with Idiots.. They will bring you down to their level and beat you with experience.

Source : http://www.coolnsmart.com/wise_quotes/

~~unsubscribe from this feed,~~

A Look At How Tensions Between Saudi Arabia And Iran Are Impacting Oil Markets

NOW THE NEWS IN FULL.....

KEEP SCROLLING TO THE END ...WE STILL GOT LOTS MORE .......

Message from The Editor: Hello peeps! . We do hope that you will come back for more . This is only the beginning!!

0 Response to "A Look At How Tensions Between Saudi Arabia And Iran Are Impacting Oil Markets"