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Saudi Arabia

New beginnings in West Asia

As US-Saudi relations froze, China waded in. China was always lurking in the background despite procuring most of its oil from the region and being their largest trading partner.

Pak banks on Saudi Arabia to avoid default

In what appears to be an alternative to the International Monetary Fund (IMF), Pakistan Finance Minister Ishaq Dar expressed hope to receive a $3 billion second bailout from Saudi Arabia within days, vowing to raise money through sale of assets to beef up the critically-low foreign exchange reserves.