3 place 246

115 Oil prices are sliding. That's a problem for Saudi Arabia and its Neom megaprojects.

Business Insider
Thibault Spirlet @ Business Insider · 04/08/2025 07:22 EDT

Oil prices are sliding. That's a problem for Saudi Arabia and its Neom megaprojects.

Saudi Arabia is still dependent on oil revenues, so weak crude prices may make it harder to fund its ambitious ventures such as The Line in Neom.

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