Saudi Arabia's economic collapse and the new Middle East

Written By: Miloš Zdravković

What happened some time ago is unprecedented. The price of oil was zero. It is a matter of political effect, and he is very devastated. One of the important cohesion factors of the modern world is the consumption and trade of oil and its derivatives. The image of the mystical country, the largest exporter of black gold with which everyone aspires to join the alliance and from which no one wants to leave, the Kingdom of Saudi Arabia, has for years been the ally on which US foreign policy has relied. He who controls the oil controls the world. So at least, plastically, Eurofanatics and Atlantics tried to explain to us, intellectually weaker persons, that Western supremacy has no alternative. Falling out of this system, one of the most important and influential elements, disrupts the already unstable balance of global politics and the order established after the collapse of the USSR.

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The fate of Jamal Khashoggi and the repercussions on world politics?

Written By: Miloš Zdravković

At a time of great changes in the international order, a process in which the decisions of Washington, Moscow and Beijing, among several other actors, are closely monitored, should not be forgotten that in this game there is another player, not so visible, but therefore no less influential, Turkish President Recep Tayyip Erdogan.

After the killing of Khashoggi at the Saudi consulate in Istanbul, there were harsh words in the relationship between Turkey and Saudi Arabia, but they only indicate mutual interest between the two countries. The rivalry between them is obvious. Both Riyadh and Ankara are fighting for influence not only in the Middle East, but throughout the Islamic world (Turkey as a historical power that in the past led Muslims and a kingdom without any history or tradition, emerged on the largest oil reserves in the world). At the same time, the Turks and Saudis maintain cordial relations for purely pragmatic reasons, which have enabled them to successfully overcome any crisis.

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