Saudi Arabia Crumbles Under Pressure of Escalating US-Iran War
Saudi Arabia is facing a crisis as the US-Iran war escalates. The kingdom was initially spared from Iran's counterstrikes against the US and Israel, but now finds itself under pressure.
The country has been benefiting from higher crude prices due to the conflict, using a land pipeline to bypass the Strait of Hormuz. However, this advantage may soon disappear as global oil supplies begin to stabilize.