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17 August 2015,

Oil states burn billions as global axis of power shifts

Amit Bhandari, Energy and Environment Fellow, Gateway House, was quoted by The Times on his views on 'Oil states burning billions as global axis of power shifts'.

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Saudi Arabia is burning through its foreign reserves at an unprecedented rate as it struggles to cope with plummeting oil prices and the soaring costs of waging war in both Yemen and Syria.

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