With King Abdullah In Hospital, ‘Nervous’ Saudis Fret Over Leadership Transition Amid Oil Price Turmoil

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With King Abdullah in hospital, ‘nervous’ Saudis fret over leadership transition amid oil price turmoil

As the 90-year-old king of Saudi Arabia lingers in hospital, the kingdom is bracing itself for a possible change in leadership, right at the moment the world’s largest oil exporter is learning to cope with crude prices that have lost 50% of their value within the past six months. And the looming potential for shifts in…

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