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The Bunker – News without the nonsense

Crude awakening: How MBS wields Saudi Arabia’s oil power

The Bunker – News without the nonsense

Podmasters

News, Government, Politics, Society & Culture

4.61K Ratings

🗓️ 21 April 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

Saudi Arabia is experiencing a once in a lifetime moment of transformation, funded by their control over the world's oil supply. The nation is taking risks on a global scale like never before – and the ‘maverick’ prince Mohammed bin Salman, stands at the forefront of this change of strategy. Arthur Snell sits down with Bradley Hope, co-author of Blood and Oil: Mohammed bin Salman's Ruthless Quest for Global Power to try and understand the ruler of Saudi Arabia.  “He went from completely unknown with no power or authority to the ruler of Saudiu Arabia through some cavalier and cunning activity.” “Business people of the world who had a moral objection to MBS are now back in the country cap in hand asking for investment.” Support us on Patreon: www.patreon.com/bunkercast BOOK LINK https://www.johnmurraypress.co.uk/titles/bradley-hope-2/blood-and-oil/9781529347890/ Written and presented by Arthur Snell. Produced by Liam Tait. Managing editor: Jacob Jarvis. Music by Kenny Dickinson. Audio production: Jade Bailey. Group Editor: Andrew Harrison. THE BUNKER is a Podmasters Production Instagram | Twitter Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

My name is Stan. I'm at. Nice to meet you. So you took up photography where? I've always loved

0:05.5

photography but I turn it into earning a living at 60. I enrolled on a day course.

0:11.8

Well college. I loved going to college. It's good you can retry. I'm enrolled on the day course. But college?

0:13.0

I loved going to college.

0:14.0

It's good you can retrain and do something.

0:16.0

Yeah, yeah.

0:17.0

Let's talk about working, learning, saving and making the most of living longer.

0:22.0

Phoenix Group is the UK's largest long-term savings and retirement business.

0:28.0

Search Phoenix Group living longer.

0:30.0

Pets brings so much joy.

0:32.0

From those happy greetings at the door to the warm cuddles on the sofa

0:36.7

so give a little love back with dental life from Purina a range of delicious chues made for dogs and tasty snacks for cats that help clean and support your pets, teeth and gums, essential for their overall well-being and a happy, healthy life. They give you plenty of smiles so

0:55.3

look after theirs with dental life. Pick up dental life in the pet food aisle. Hello and welcome to the bunker. I'm Arthur Snell. When President Franklin Delano Roosevelt met the Saudi King Abdulaziz on board a US Navy destroyer in the

1:19.1

Suez Canal back in February 1945, they built the foundations of a relationship that would shape global events

1:26.5

for the following 80 years.

1:28.5

In return for security guarantees, the kingdom of Saudi Arabia agreed to manage and stabilize global oil prices in

1:36.2

America's interests.

1:38.0

This arrangement went through various ups and downs over the decades, but it is now certainly over. When Vladimir Putin invaded Ukraine in February

1:46.8

2022 the Saudi crown prince Mohammed bin Salman known as M, refused to help stabilize oil prices in spite of direct

1:55.9

appeals from both President Biden and Boris Johnson.

1:59.5

And a few weeks ago, the Saudis worked in partnership with Russia to push the prices up.

2:04.8

So it's clear that MBS sees his influence over global energy to be something to be

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