(Reuters Breakingviews) - Saudi Arabia’s choice of oil tsar has made a problemat...
Saudi Arabia's King Salman bin Abdulaziz attends the 14th Islamic summit of the Organisation of Islamic Cooperation in Mecca, Saudi Arabia June 1, 2019. REUTERS/Waleed Ali
Falih’s dual defenestration means Crown Prince Mohammed bin Salman, or MbS, is doubly upending precedent. Aramco’s chairman and the energy minister have traditionally been the same person, but the oil group is now to be headed by Yasir al-Rumayyan, head of Saudi’s $300 billion sovereign wealth fund and seen as close to the young monarch. Similarly, the all-important oil minister has never come from the ruling House of Saud, but will now be Prince Abdulaziz bin Salman, MbS’s half-brother.
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