Far from dominant, Saudi Arabia’s future in the Middle East is that of a second fiddle state.
Terrorism, oil, the crisis in Iraq, the Syrian civil war and geopolitics all weigh against the birth of a new Kurdish state.
A lucrative source of state revenue feels the squeeze.
How do the region’s large proven reserves stack up in a global context?
Canada may have one of the largest oil reserves in the world, but nearly all of it will not be financially accessible.
The huge oil reserves that made a socialist revolution possible also put it in jeopardy.
The fall in the value of oil has far reaching knock-on effects.