The Saudis confirm the attack on their pipeline came from Iraq. Which means that, from a Saudi perspective:
https://x.com/RnaudBertrand/status/2098633260465270806
The Saudis confirm the attack on their pipeline came from Iraq. Which means that, from a Saudi perspective:
1. Hormuz - their export route to the North - is closed by a war with Iran that the US-Israel started
2. Their pipeline to the South was taken offline from Iraq, a country the US broke with another war it started
3. They're fighting - and losing - against the Houthis in Yemen, whose war against them restarted because of the US-Israel war with Iran
4. The US is obviously incapable to defend them against these attacks and is now apparently flat-out refusing to intervene in Yemen (axios.com/2026/09/11/hou)
5. They are bleeding money at an accelerating rate and, ironically, we may soon see an "inverted petrodollar" situation whereby, instead of recycling oil profits into US Treasuries, they'll be forced to sell them to cover oil losses caused by US wars
All in all, hard to overstate what a complete clusterfuck this represents.
The US is supposedly running "operation economic outcast" on Iran but, very concretely, the Saudis are getting at least as badly "outcasted" as the Iranians in just about every dimension.
And, unlike Iran, Saudi Arabia isn't structurally built to survive this. They bet their country's future on trusting America...
]https://x.com/RnaudBertrand/status/2098633260465270806
posted by Satish Sharma at
13:24
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