The Fall of the House of Saud

The Fall of the House of Saud

Americans have long considered Saudi Arabia the one constant in the Arab Middle East—a source of cheap oil, political stability, and lucrative business relationships. But the country is run by an increasingly dysfunctional royal family that has been funding militant Islamic movements abroad in an attempt to protect itself from them at home. A former CIA operative argues, in an article drawn form his new book, Sleeping With the Devil, that today's Saudi Arabia can't last much longer—and the social and economic fallout of its demise could be calamitous

by Robert Baer
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n the decades after World War II the United States and the rest of the industrialized world developed a deep and irrevocable dependence on oil from Saudi Arabia, the world's largest and most important producer. But by the mid-1980s—with the Iran-Iraq war raging, and the opec oil embargo a recent and traumatic memory—the supply, which had until that embargo been taken for granted, suddenly seemed at risk. Disaster planners in and out of government began to ask uncomfortable questions. What points of the Saudi oil infrastructure were most vulnerable to terrorist attack? And by what means? What sorts of disruption to the flow of oil, short-term and long-term, could be expected? These were critical concerns. Underlying them all was the fear that a major attack on the Saudi system could cause the global economy to collapse.

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