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Saudi Crisis: Oil Prices to Ramp
Christian DeHaemer Photo By Christian DeHaemer
Written Monday, November 6, 2017
Saudi Arabia had a tough weekend.

Missiles were fired from Yemen into Saudi Arabia. The missiles were aimed at an airport outside of Riyadh, which is about 620 miles from Yemen. The Saudis used a U.S.-built Patriot surface-to-air anti-missile battery.

Prince Alwaleed bin Talal, the familiar Wall Street billionaire, was arrested over the weekend on corruption charges. He was a big investor in early internet startups like Twitter and Priceline. In the financial world, he is the face of Saudi Arabia.

Saudi Prince Mansour was killed in a helicopter crash 70 miles from the border with Yemen — cause of the crash is unknown. Mansour is the son of Prince Muqrin bin Abdulaziz, who resigned as crown prince to make way for King Salman’s son Mohammed bin Salman (a.k.a. MBS).