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Part 2
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Then we examine the sudden reversal of Saudi Arabia on a pact to freeze oil production at the OPEC meeting in Doha which was ordered by the country’s de facto ruler the 30-year- old Deputy Crown Prince Mohammed bin Salman, upending a decades-long Saudi policy of having technocrats run the oil ministry not members of the ruling House of Saud. Youssef Ibrahim, a columnist and risk consultant focusing on the oil sector and the Persian Gulf, who served 18 years as senior regional Middle East correspondent for The New York Times and 6 years as Energy Editor of The Wall Street Journal, joins us to discuss how the “boy”, as he is referred to, is making all the Kingdom’s key decisions and is doubling down, even if his decisions have turned out to be bad.
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