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Saudi unlikely to use 'oil weapon' in diplomatic crisis post Khashoggi case

Experience from the last time Saudi Arabia tried to use oil sales as a diplomatic instrument in 1973/74 shows such action does not work and the kingdom itself would be the biggest victim

US Secretary of State Mike Pompeo , mike pompeo, mike pompeo insaudi arabia, saudi king salman, Salman bin Abdulaziz Al Saud,
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US Secretary of State Mike Pompeo met Saudi King Salman bin Abdulaziz Al Saud

Reuters
Saudi Arabia is unlikely to employ its so-called "oil weapon" in the diplomatic crisis over the disappearance of a journalist after visiting the country's consulate in Istanbul.

Experience from the last time Saudi Arabia tried to use oil sales as a diplomatic instrument in 1973/74 shows such action does not work and the kingdom itself would be the biggest victim.

Despite some of the impassioned rhetoric in Saudi media, self-interest makes it improbable the government will retaliate by reducing oil sales or trying to drive up prices.

That has not stopped some veiled threats to weaponise oil production and prices, but they should

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