[Salon] Saudi Arabia applies for a massive World Bank loan

[Chas Freeman <cwfresidence@gmail.com>]

Megatron on X: "🇸🇦 Saudi Arabia finds itself in a catastrophic situation. With the latest strike on the Abqaiq-to-Yanbu pipeline—which served as the last remaining route for oil exports following the blockade of the Strait of Hormuz—Saudi Arabia has essentially ceased exporting oil; Furthermore, it has already applied for a massive loan from the World Bank due to its dire economic state. The fall of the Bab al-Mandab Strait into Houthi hands represents yet another disaster of unprecedented proportions for the Saudis, who were already seeing 50% of their ships attacked and blocked. It is truly baffling to imagine how they will extricate themselves from this quagmire they have plunged into."

• Megatron

  @Megatron_ron

  🇸🇦 Saudi Arabia finds itself in a catastrophic situation. With the latest strike on the Abqaiq-to-Yanbu pipeline—which served as the last remaining route for oil exports following the blockade of the Strait of Hormuz—Saudi Arabia has essentially ceased exporting oil; Furthermore, it has already applied for a massive loan from the World Bank due to its dire economic state. The fall of the Bab al-Mandab Strait into Houthi hands represents yet another disaster of unprecedented proportions for the Saudis, who were already seeing 50% of their ships attacked and blocked. It is truly baffling to imagine how they will extricate themselves from this quagmire they have plunged into.

  11:44 PM · Sep 10, 2026723.4KViews
• Vandad Parsi

  @vparsi01

  10h

  Right before this war started, Iran stated many times that if war began again, it would be a regional war and would seal the fate of the Arab monarchies. They seem to be doing exactly that.
• Greg 🚭🚯

  @gregalmonte_

  11h
• Brother Omar

  @BaderUpp

  11h

  Satellite imagery confirms the pipeline has been hit. Gas prices are going to EXPLODE