Chapter 279: Economic Warfare

Almighty Cultivation Supreme

A ceasefire between India and Pakistan is certainly a big deal, but the news fever quickly subsided.

On the way back to New Delhi, Wang Dong received a call from Zhao Yu.

Shigeo Nishiguchi died in the detention center, his son Kennao Nishiguchi has surrendered to the Japanese police and pleaded guilty to multiple charges, the Tokyo District Court has ordered the seizure of Sumiyoshikai's assets, and the Japanese police launched a raid to arrest hundreds of senior members of Sumiyoshikai in a single day.

Of course, the point is that Shigeo Nishiguchi is finished.

Although the cause of death given by the Japanese side was sudden myocardial failure, after all, Shigeo Nishiguchi was already old and had a history of heart disease, but he died in the detention center at this time, obviously there was another hidden situation, in the words of the outside world, he didn't want to come out of the detention center if he didn't die.

Immediately after Shigeo Nishiguchi's death, the Japanese authorities sent a note to the Saudi authorities.

Subsequently, the Japanese Ministry of Foreign Affairs, through the neutral country of Switzerland, sent an official note to Saudi Arabia, stating that it would thoroughly investigate the attack on the Saudi crown prince.

Of course, the Japanese authorities mentioned in passing that they hope to restore normal diplomatic relations with Saudi Arabia as soon as possible.

The next step is to hold annual negotiations with Saudi Arabia's state-owned oil company.

The Saudi authorities have not yet responded, but according to the analysis of news agencies, Shigeo Nishiguchi has died, Japan has also seized the Sumiyoshi Association, arrested a large number of senior members of the Sumiyoshi Association, and even Nishiguchi Kennao has surrendered to the police, so it is very likely that the Saudi authorities will accept it when they see it.

In fact, after Shigeo Nishiguchi's death, the Saudi authorities have no reason to continue the trouble.

Pointing the finger at the Japanese authorities?

Apparently impossible!

You must know that Shigeo Nishiguchi has long been on the blacklist and has been sanctioned by many countries, including the United States, and the Japanese authorities have long characterized the Sumiyoshi Society as a "triad" organization.

Legally, Saudi Arabia has no reason to place the blame for the attack on the crown prince on the Japanese authorities.

In that case, it won't be long before Saudi Arabia and Japan resume normal diplomatic relations, and negotiations on the annual agreement will resume.

There are still a few months until next year, and there is plenty of time to conclude the negotiations.

At this point, only one last thing remains, which is that Aramco's IPO is still pending.

Although the Saudi authorities have compromised under intense pressure from the United States to allow Aramco to reopen its dealings with the New York Stock Exchange, Aramco has not been very enthusiastic and has avoided many key issues, as if they were coping.

Aramco is also in contact with Hong Kong, London and Frankfurt.

While the vast majority of Western media, especially in the United States, are optimistic about Aramco's IPO in New York, almost all believe that negotiations will continue for a long time, and that Aramco's IPO will be delayed for several years.

A handful of professionals even believe that the Saudi royal family has terminated the Aramco IPO process.

Continuing negotiations with the New York Stock Exchange is nothing more than a delaying tactic, as the Saudi royal family does not want the matter to affect Saudi-US relations.

There is a key basis for this argument, that is, the Saudi authorities announced the news that they were preparing to list Aramco before and after the "severance of diplomatic relations".

Although there were rumors that Aramco was preparing to go public as early as the beginning of this century, it was only rumors.

From this point of view, the IPO of Aramco is originally an economic card played by the Saudi royal family, and the fundamental purpose is not to circle tens of trillions of dollars in the stock market, but to leverage the global financial system, so when Aramco will be listed has nothing to do with the company itself, and it has little to do with the direction of the financial market, but is determined by the interests of Saudi Arabia, to be precise, the Saudi royal family.

To put it simply, when it is most beneficial for the Saudi royal family to go public, then when to go public.

Right now?

Apparently not!

After paying more than $30 billion in protection money to the United States, Qatar did not give in to Saudi Arabia and continued to go its own way, and even put on a posture of wanting to stand up to Saudi Arabia.

Where is this playing?

Want to mess up the whole Middle East?

Although Saudi Arabia and other Gulf countries have been hardcore allies of the United States for decades, and the United States also relies on Saudi Arabia and other Gulf countries to balance Iran in the north and keep the Middle East region roughly stable, in the case of civil strife in Egypt, Libya, Syria and other countries, will the United States still try its best to maintain Saudi Arabia and other countries, or will the United States still have the will to maintain peace and stability in the Middle East?

This is a "big problem", but the key is still "American interests".

When it comes to the most fundamental issue, it is actually the economy, and it can even be boiled down to oil.

Don't forget, thanks to the shale oil industry, the United States has long since transformed from a pure oil importer to a pure oil exporter, and is the world's third-largest oil producer after Saudi Arabia and Russia, and more than a decade ago, the United States was largely self-sufficient and no longer dependent on the oil fields of the Gulf region.

In other words, whether the domestic situation in the Gulf countries is stable or whether the oil fields can be produced normally is not at all concerned by the Americans, or at least those in power in the United States.

All that those in power in the United States care about is the price of oil!

You must know that since the global financial crisis in 08, oil prices have been falling all the way, and even fell below the psychological floor price of $40 per barrel for a time.

It is undeniable that Saudi Arabia and other oil-producing countries have suffered heavy losses.

However, Russia, whose economy is highly dependent on oil, has also suffered.

From the perspective of international relations, international oil prices have been running at a low level for more than 10 years and have never risen, and the suppression of Russia is one of the main reasons.

Of course, it's just one of them.

Western countries led by the United States are trying to use oil prices to deal with Russia, so that Russia will be honest and accept the world order dominated by the United States, become a participant in the Western civilization system, not a saboteur, and finally completely tame this opponent with tens of thousands of nuclear warheads and the only opponent that can completely destroy Western civilization at the material level, and ensure that the prosperity of the United States and Europe and other Western worlds can continue permanently.

Then, naturally, oil prices will have to be lowered.

It's just that oil prices themselves are a double-edged sword.

Saudi Arabia has taken advantage of the opportunity of the United States and other Western countries to suppress Russia, and has assisted Western countries in hitting oil prices to the bottom by increasing production and other means.

Of course, the Saudis are not there to deal with Russia.

In fact, Saudi Arabia's fundamental purpose is to take this opportunity to crush the US shale oil industry and consolidate the monopoly position of the oil-producing countries led by the Gulf countries in the international energy market.

From an economic point of view, it is actually a price war.

Regardless of other factors, oil-producing countries such as Saudi Arabia, especially the Gulf countries, will definitely have the last laugh.

Quite simply, the cost of extracting oil in Saudi Arabia's oil fields is extremely low, and even if the price of oil falls to $10 a barrel, it may not be a loss.

In contrast, shale oil is much more expensive to extract.

As long as oil prices remain low, shale oil companies in the United States will go bankrupt and the entire shale oil industry will be unlucky.

Obviously, this is an economic war, an economic war between Saudi Arabia and other oil-producing countries and the United States!