Bahrain To Speed Up Development Of Huge 80 Billion Barrel Oil Reserves

Given the massive negative hit taken by Saudi Arabia’s economy as a result of Crown Prince Mohammed bin Salman’s oil price war, aimed at destroying the U.S. shale oil industry yet again (given how well it worked last time, of course), Saudi’s ability to help its tiny neighbour, Bahrain, has been dramatically reduced. The irony here is that Bahrain’s economy had not recovered from the deleterious effects of the first oil price war launched by the Saudis against the U.S. in 2014 before it was hit again by the second. Even…