Crashing Saudi Oil Economy Explains Urgent Yemeni Peace Offer — Strategic Culture

The Saudi rulers are facing a humiliating defeat as the Yemenis take revenge and Uncle Sam washes his hands of blood.

So, after six years of relentless aerial bombing in Yemen causing the world’s worst humanitarian crisis, according to the United Nations, the Saudis and their American military supplier, seem to have developed a conscience for peace and ending suffering.

The real reason for trying to end the conflict is the perilous state of the Saudi oil-dependent economy. Saudi Aramco, the state-owned oil, gas and petroleum industry, recently announced that its profits have slumped by nearly half in 2020 compared with the year before. Down from $88 billion to $49 billion.

Meantime, the airstrikes on Saudi oil infrastructure are going to continue with ever-increasing damage to the royal coffers. Thus, the Saudi rulers have no choice but to unconditionally surrender in this criminal war. They are facing a humiliating defeat as the Yemenis take revenge and Uncle Sam washes his hands of blood.

Crashing Saudi Oil Economy Explains Urgent Yemeni Peace Offer — Strategic Culture