US: Discussing possible sanctions against Saudi Arabia - TDS

Analysts at TD Securities point out that the market is increasingly concerned about the apparent disappearance or even murder of the Washington Post journalist Jamal Khashoggi inside the consulate of Saudi Arabia in Istanbul.

Key Quotes

“The US is now discussing possible sanctions against Saudi Arabia, including downgrading diplomatic ties or sanctioning Saudi officials visiting the US. The aggravation of the relationship between the Saudi and US administrations has pushed Brent oil higher to USD81.5/bbl.”