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RE: LeoThread 2025-08-17 05:22

in LeoFinance2 months ago

run, well, companies definitely in Saudi Arabia and the region, a real sort of global powerhouse. A pure manager of Aramco, do you really want to be, do you really want to have a lot of external shareholder intervention? Maybe not. So there are different views there. And there's a question mark of then, if the money was raised, where was it going to go to? So the point is- That's quite a balancing act. I mean, they've been in the oil game forever. That's how they got rich, to switch off into other things, alternative forms of energy. Yeah. And at the same time, they had a real challenge of how were they going to deal with the problem of growing domestic demand for energy? If I look back to 2013, 2014, even 2015, I said earlier, demand grows in the US and China slowed down. Where was it still growing strongly in those years? Actually, Saudi Arabia, the Gulf, energy producing countries, because they subsidized it. Subsidized. That's the thing. So can I ask you something? That's something (40/45)