“Saudi Arabia is really going all-in again against Iran and that is, for me, more the focus than the domestic issue,” Petromatrix strategist Olivier Jakob said.

“On the one hand, it increases the global geopolitical risk level, but it also increases the difficulty of keeping consensus within OPEC.”

Link to article: https://www.reuters.com/article/us-global-oil/oil-eases-from-2-1-2-year-highs-focus-on-saudi-tensions-idUSKBN1D603A