Wednesday, 21 June 2017

After Shocking Saudi Shakeup "Not A Question Of If But When New Escalation With Iran Starts"

Zero Hedge:



Two days ago, when reporting on the surprising "terrorist attempt" by Iran's National Guard on a major Saudi offshore oilfiled (at least according to Saudi media), we said that "if the Saudi account of events is accurate, and if Iran is indeed preparing to take out Saudi oil infrastructure in retaliation or otherwise, the simmering cold war between Saudi Arabia and Iran is about to get very hot." This in turn followed an earlier analysis on the ongoing Syrian war in which we said that "the next major regional conflict appears set to be between Saudi Arabia and Iran. All it needs is a catalyst."
That catalyst, according to energy consultancy Petromatrix, may have been revealed overnight with the stunning Saudi royal shakeup in which the King announced he was stripping the current Crown Prince, his nephew Mohamed bin Nayef (MBF), of all titles and obligations, and replacing him with his son Mohamed bin Salman (MBS).

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