cgnao Posted August 1, 2005 Share Posted August 1, 2005 http://news.bbc.co.uk/1/hi/world/middle_east/4734175.stm Further destabilisation in the region. Oil shock coming? Quote Link to comment Share on other sites More sharing options...
Scooter Posted August 1, 2005 Share Posted August 1, 2005 http://news.bbc.co.uk/1/hi/world/middle_east/4734175.stmFurther destabilisation in the region. Oil shock coming? <{POST_SNAPBACK}> Not really, or not beacuse of this-Crown Prince Abdullah has been de facto leader for 10 years. S. Quote Link to comment Share on other sites More sharing options...
cgnao Posted August 1, 2005 Author Share Posted August 1, 2005 Not really, or not beacuse of this-Crown Prince Abdullah has been de facto leader for 10 years.S. <{POST_SNAPBACK}> It's not that simple. Don't believe the bullsh*t you are fed by mainstream media cheerleaders. http://www.wpherald.com/storyview.php?Stor...27-044817-9984r King Fahd of Saudi Arabia has been dead since late Wednesday, according to several well-placed sources in the capital Riyadh who spoke to the Saudi Institute, a pro-democracy think tank in Washington, on condition of anonymity. The government also canceled all military leave, "a sure sign that something is happening," said the Saudi Institute. There was no confirmation of heightened security alert reported by some western media and denied by the government, who also denied the king is dead, but said he was in the hospital. A spokesman for the Saudi Institute told United Press International, "the official death of the king will be announced Saturday." Fahd's death will impact the succession of the would-be king, Crown Prince Abdullah, who is half brother to the Sudairi Seven. The Sudairis share one mother and include Fahd, Defense Minister Sultan, Interior Minister Naif, Governor of Riyadh Salman and other Sudiaris who form the most powerful alliance in the ruling tribe of Al-Saud, according to the Saudi Institute. "Abdullah will find it impossible to wrestle the throne away from the Sudairis who want to maintain power in their branch. The struggle between the Sudairis and Abdullah, if any, would be pose a greater threat to the regime than violent groups who have been engaged in at times fierce clashes with government forces," reported the Saudi Institute. Quote Link to comment Share on other sites More sharing options...
ChrisM Posted August 1, 2005 Share Posted August 1, 2005 It's not that simple. Don't believe the bullsh*t you are fed by mainstream media cheerleaders. I know 2 guys that used to work out in Saudi and both of them told me if Faud died, there might be some trouble. Basically it came down to a west-looking moderniser and a traditionalist, with the split of power. Quote Link to comment Share on other sites More sharing options...
Vivaldo Posted August 1, 2005 Share Posted August 1, 2005 I expect the militants to try and use the situation in some way. Quote Link to comment Share on other sites More sharing options...
Scooter Posted August 1, 2005 Share Posted August 1, 2005 It's not that simple. Don't believe the bullsh*t you are fed by mainstream media cheerleaders.http://www.wpherald.com/storyview.php?Stor...27-044817-9984r <{POST_SNAPBACK}> I did caveat with "or not because of this". There are many destabilising things happening there of which I am aware-and from more direct sources than the media-but they have been happening for a while and relate to the ruling family as a whole and persist regardless of whether or not Fahd is alive. S. Quote Link to comment Share on other sites More sharing options...
cgnao Posted August 1, 2005 Author Share Posted August 1, 2005 Oil hits record as Saudi king dies http://today.reuters.com/news/newsArticleS...?storyID=203891 LONDON, Aug 1 (Reuters) - Oil prices climbed to a record above $62 a barrel on Monday as the death of Saudi Arabia's King Fahd, a spate of U.S. refinery outages and tensions over Iran's nuclear ambitions rattled the market. Gold $432.10, £244.30, €354.50 Quote Link to comment Share on other sites More sharing options...
OnlyMe Posted August 1, 2005 Share Posted August 1, 2005 Some interesting oil Charts: http://stockcharts.com/gallery/?$WTIC Quote Link to comment Share on other sites More sharing options...
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