The head of the Public Investment Fund wants to protect the books

While lawyers for LIV Golf try to shed light on the PGA Tour’s organizational structure and financial dealings as part of an antitrust lawsuit, the head of Saudi Arabia’s Public Investment Fund has insisted it shouldn’t do the same, claiming “sovereign immunity.” According to a report issued by Bloomberg News, Governor of the Public Investment … Read more

Analysis of the first year and looking forward to 2023

“They can coexist in the sense that competitors coexist, but not generously. They are at great odds at the moment, literally working through litigation against each other that will continue to dominate the headlines in both 2023 and 2024. But I don’t think that’s what Golf lovers absolutely want it. Golf lovers play an important … Read more

Rising geopolitical risks in energy markets

Politics, geopolitics and conflict This week we saw a somewhat heightened apprehension for the oil industry in the form of an intelligence-sharing event between the Saudis and the Americans warning of a possible Iranian attack on oil facilities in the Middle East – most notably Aramco. As we noted in last week’s briefing, the September … Read more

America and Saudi Arabia are locked in a bitter battle over oil. The stakes are huge

New York CNN Business – The relationship between the United States and Saudi Arabia is one of the most important on the planet. And lately, it’s also been one of the most embarrassing. Angry officials in Washington vowed ‘consequences’ after Saudi leadership OPEC sharply cut oil production Earlier this month, it sent pump prices up … Read more

Biden has a major oil problem. Here’s what you need to know about the latest OPEC+ decision.

A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free over here. Washington CNN – With only weeks left until mid-term in November, there are four messages that haunt President Joe Biden and Democrats: OPEC. The Organization of the Petroleum Exporting Countries (OPEC) and … Read more

Why do Iranian women cut their hair

Editor’s note: A version of this story first appeared on CNN’s newsreel around the same time in the Middle East, a three-times-a-week look at the region’s biggest news. Register here. Abu Dhabi, United Arab Emirates CNN – An Iranian woman is seen crying while kneeling next to the coffin of her deceased brother cut her … Read more

Victorious Week in Saudi Arabia Reclaims the Embrace of the West

New York (AFP) – It seems that Saudi Arabia is leaving behind a torrent of negative coverage about the killing of Jamal Khashoggi. It has been snatched since 2018. The kingdom is once again enthusiastically welcomed back into the polite and powerful community, and the pursuit of Saudi investments is no longer frowned upon. or … Read more

LIV Golf: Golf legend Greg Norman pressed behind closed doors in a ‘lively’ Republican debate over the Saudi-backed LIV Tour

CNN – Greg Norman, head of the Saudi-backed controversial Leaf golf tourfaced some conservative criticism Tuesday after he met a group of Republican House of Representatives behind closed doors on Capitol Hill. Norman, who was on a trip to Washington as part of a PR effort to sell lawmakers about the benefits of the PGA … Read more