There’s a US$15 solution to the US-Saudi oil feud

When Prince Abdulaziz bin Salman, the Saudi energy minister, recently decried buffer stocks being used to “manipulate markets,” not only did he drown irony in a barrel of crude, he seemingly ignored how much the world has changed. — Reuters

THE relationship between Washington and Riyadh has reached that stage where Saudi Arabian officials give TV interviews to say how good it is.

The current tiff has deep roots but the immediate problem concerns – what else? – oil, where the United States and Saudi Arabia have been pulling in opposite directions.