Forbes | Saudi Arabia Hikes Oil Prices, Will Iran Follow? Forbes It was only a few months ago that Saudi Arabia and Iran were racing to cut deals with Asian customers, undercutting each other, driving prices lower, towards the $20s. Now, Saudi Arabia is raising prices for Arab Light crude in Asia for the second ... Saudi Aramco curbs oil price hikes as it seeks to defend market share Saudi Arabia Raises Oil Prices to Asia But Cuts Prices to Europe Saudi-Iran rivalry looks destined to push oil prices lower |