Saudi Arabia doubles down on price war tactics as OPEC+ faces internal rebellion

The move, led by Saudi Arabia, is testing the cohesion of the cartel and the financing model behind Vision 2030.

This note explores Saudi Arabia’s output gamble, including:

• OPEC+ members retaliation
• Saudi long-term bet on market consolidation
• Pressure on Vision 2030 funding channels
• U.S. stance and potential policy friction