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bubmag

Aramco’s IPO may look like a glittering success — but it’s painted a target on Saudi Arabia’s back that Iran will be happy to exploit Yemen Civil War

Aramco’s IPO may look like a glittering success — but it’s painted a target on Saudi Arabia’s back that Iran will be happy to exploit

Saudi Aramco’s $US1.7 trillion IPO could end up weakening Saudi Arabia, rather than strengthen or invigorating it. Attacks on Saudi oil facilities this year showed its vulnerability to military strike. It will be even more sensitive n…
bubmag
December 11, 2019
Aramco’s IPO may look like a glittering success — but it’s painted a target on Saudi Arabia’s back that Iran will be happy to exploit Yemen Civil War

Aramco’s IPO may look like a glittering success — but it’s painted a target on Saudi Arabia’s back that Iran will be happy to exploit

Saudi Aramco's $1.7 trillion IPO set new records for a public offering — but has also brought into the world a significant new security risk by painting a high-priced target on Saudi Arabia's back. Now that the IPO has taken place, he kingdom's oil and gas i…
bubmag
December 11, 2019