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

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…