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kleinbl00  ·  2354 days ago  ·  link  ·    ·  parent  ·  post: The Saudi crown prince just made a risky power play

Somewhere between zero and 100% of Saudi Aramco's holdings. Saudi Aramco thinks they have 2 trillion dollars worth of oil reserves. Bloomberg thinks they have $400 billion.

I don't think Saudi Arabia divests 10% of Aramco when the West thinks they're off by a factor of 5... unless they have to.

they're now talking about listing it in Russia or China which would be a big FU to the United States... and considering Iran is a lot closer to Russia than they are to us, could be interesting.