Saudi Energy Minister Prince Abdulaziz bin Salman now has an OPEC challenge to deal with on top of the largest-ever disruption to global oil supplies.
The 51³Ô¹ÏÍø has not only hobbled crude exports in the Persian Gulf but has meant Saudi Arabia and other members of the group of oil-producing countries are unable to tap the spare capacity usually deployed in times of crisis.
This week¡¯s sudden departure of OPEC¡¯s fourth-largest producer last year, the United Arab Emirates, taking with it spare capacity second only to the kingdom¡¯s, poses a formidable test for ?the first royal Saudi oil minister whose style has shifted from painstaking diplomacy to increasingly unilateral decision-making, said two delegates from the broader OPEC+ group, an alliance with Russia and ?a number ?of other producers.
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