Fitch maintains Saudi Arabia’s A+ credit rating, but how secure is it?
The kingdom's oil dependence, World Bank governance indicators and vulnerability to geopolitical shocks have improved but remain weaknesses, the ratings agency noted.
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The kingdom's oil dependence, World Bank governance indicators and vulnerability to geopolitical shocks have improved but remain weaknesses, the ratings agency noted.
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Mark Finley is a Fellow in Energy and Global Oil, Rice University’s Baker Institute for Public Policy.
A critical question to emerge from the oil demand crash in 2020 caused by the global pandemic is whether it marked the beginning of an inexorable decline in consumption of the fossil fuel that could significantly speed up government efforts to meet net zero carbon targets.
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