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Media ID: 55344887
Caption:

Soldiers stand on a tank of the Saudi-led coalition deployed on the outskirts of the southern Yemeni port city of Aden, on August 3, 2015. (AFP Photo/Saleh Al-Obeidi)


Media ID: 55344883
Caption:

A flame from a Saudi Aramco oil installation known as “Pump 3” is seen in the desert near the oil-rich area of Khouris, Saudi Arabia, on June 23, 2008. (Marwan Naamani/AFP/Getty Images)


Opinion: Fear of Falling Oil Revenues

Opinion: Fear of Falling Oil Revenues

A difficult financial phase is looming. Oil prices have fallen by more than half, and may continue to fall in future. However, this is not the first time Saudi Arabia has faced such a crisis: In 1986, oil prices dropped to 12 US dollars per barrel, but the Kingdom...
Media ID: 55344878
Caption:

Lebanese Prime Minister Tammam Salam speaks during a press conference at the government palace in Beirut, Lebanon, on August 23, 2015. (AP Photo/Bilal Hussein)