Israeli attacks leave at least 20 dead in Gaza
By Rodrigo Santos Andrade
Saudis Slash Main Oil Price to Rare Discount
visibility comment0 event July 6, 2026 timer 17:07
Ellen Wald, president of Transversal Consulting and Author of ‘Saudi, Inc.,’ said that Saudi state oil producer Saudi Aramco is lowering the price of oil to make it worthwhile for Asian buyers to charter a tanker to go into the Strait of Hormuz and to buy up stores of oil that have laid stagnant during the war. Wald said that while Saudi Aramco made money off of the conflict in Iran, they want the keep oil prices stable.
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