CNBC | Al Arabiya op-ed warns of oil spike and 'economic disaster' if US sanctions Saudi Arabia CNBC Oil prices could surge to all-time highs if the U.S. imposes economic sanctions against Saudi Arabia, according to an opinion piece written by the general manager of Saudi Arabia-based Al Arabiya television. The warning from Al Arabiya's Turki Aldakhil ... Oil futures jump 2% after Saudi hits back at US warnings Oil rises as Saudi Arabia vows to hit back against any sanctions That start-up you love is probably funded by Saudi oil wealth |