Summary of the Article:
MBS has asked Iraqi Kadhimi to initiate negotiations between Iran and KSA in a phone call.
Analysis:
US is pulling out patriots and AD out of KSA. This is like a welcome to houthis to make another Abqaiq attack.
US shale companies are filing bankruptcy. There is not gonna be a bright future for shale anytime soon, unless something changes.
Here comes America first. Make America great again.
KSA oil output can be safely decreased to zero with positive effects on US shale companies.
For Iran, it is more complicated. Even if KSA oil output is down to zero, market will be filled with US and Russian oil more than Iranian oil.
This is what KSA knows well and wants to assure that it will not happen.
https://www.isna.ir/news/99022618591/%D8%A8%D9%86-%D8%B3%D9%84%D9%85%D8%A7%D9%86-%D8%AE%D9%88%D8%A7%D8%B3%D8%AA%D8%A7%D8%B1-%D9%85%DB%8C%D8%A7%D9%86%D8%AC%DB%8C%DA%AF%D8%B1%DB%8C-%D9%86%D8%AE%D8%B3%D8%AA-%D9%88%D8%B2%DB%8C%D8%B1-%D8%B9%D8%B1%D8%A7%D9%82-%D8%AF%D8%B1-%D8%B1%D9%88%D8%A7%D8%A8%D8%B7-%D8%A7%DB%8C%D8%B1%D8%A7%D9%86-%D8%B9%D8%B1%D8%A8%D8%B3%D8%AA%D8%A7%D9%86