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Saturday, January 21, 2012

Saudi Arabia pivots towards Asia

Saudi Arabia pivots towards Asia

As the exploitation of its own gas and oil resources leads to a future in which the United States washes its hands of Middle Eastern intractables and oil, Saudi Arabia's primacy in US energy concerns is weakening. The kingdom needs a Plan B, and its latest effort this week to strengthen ties with China, perhaps already its largest customer, highlights an awkward transition to an anxious oil and gas partner to Asia's surging economies. - Peter Lee (Jan 20, '12)

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