Wondering why Saudi Arabia is so fussed about Bahrain?
JBC Energy encapsulates the reason in one helpful chart:
Most of Saudi Arabia’s chief producing fields are right around the corner.
Bahraini army tanks take position near Pearl SquareBloody clashes between anti-government protesters and riot police in Bahrain have got many people outside the Middle East looking at the island state for the first time. But does it matter to business and investors?
The answer is yes. Not so much because Bahrain is a financial centre and home to the US Navy’s Fifth Fleet. But because Bahrain has the potential – belied by its tiny size – to inspire political ructions in Saudi Arabia, the world’s biggest oil producer. Read more