Steven Sahiounie, journalist and political commentator The 2022 FIFA World Cup is about to open in November in the Islamic principality of Qatar in the oil-rich Persian Gulf. There have been continuing attacks on the government of Qatar from the beginning of the announcement that the tiny nation had been awarded the opportunity to be […]
It was difficult to work out exactly what is behind the ‘Qatar Diplomatic Crisis’ that seemed to suddenly emerge early in June. The Qatar diplomatic crisis apparently began on 5th June when several countries – principally Saudi Arabia, Egypt, Bahrain and the UAE – abruptly cut off diplomatic relations. This included trade and travel bans. […]
As expected, Qatar has refused the demands set out in a 13 point Saudi drafted ultimatum designed to essentially bully Qatar into the resumption of normal albeit politically dependant relations with the states which have boycotted Qatar.
READ MORE: 13 RIDICULOUS demands Saudi gives to Qatar in aggressive ultimatum
Saudi Arabia which has faced something close to an economic recession after years of plummeting oil prices, appears to be willing to do anything to retain its only major source of revenue.
Oil prices immediately increased as Saudi Arabia led the charge of Arab nations severing all diplomatic ties with Qatar.
The price of Brent Crude has jumped 32 cents and has achieved the crucial +$50 a barrel mark.
