January 18, 2012 | Quote
Saudi Arabia is Not ‘Targeting’ $100 Oil
On Iran, the kingdom has quietly supported efforts by the United States and its allies to pressure Tehran into ending its uranium enrichment program. But like the Obama administration, EU policymakers and sanction promoters like Mark Dubowitz, head of the Washington-based Foundation for Defense of Democracies, the Saudi government wants to ensure that sanctions do not lead to a damaging price spike.