FT News in Focus

Shake-up at the heart of the Saudi oil industry

Saudi Arabia has removed energy minister Khalid al-Falih, one of the most powerful figures in the global oil industry, and replaced him with a member of the royal family, Prince Abdulaziz bin Salman. Katie Martin discusses the significance of the shake-up and how it relates to the Crown Prince’s ambitious plans for an IPO of state oil company Aramco with David Sheppard, Energy Editor, and Andrew England, Middle East editor. Contributors: Katie Martin, capital markets editor, David Sheppard, energy editor, and Andrew England, Middle East editor. Producer: Fiona Symon Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

News features and analysis from Financial Times reporters around the world. FT News in Focus is produced by Fiona Symon. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.