Saudi Arabia and MbS are Far From Breaking Their Reliance on Oil
2025-07-30 - Bloomberg -  

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Around a decade ago, Saudi Arabia's now Crown Prince Muhammad bin Salman said the kingdom's economy would be able to survive without oil by 2020, a claim he linked to huge investments aimed at steering the country into a new era. Today, key indicators show the government remains just as reliant on petrodollars, if not more so.
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