Following recent attacks on the Saudi Arabian Embassy in Tehran in response to the execution of a prominent cleric, the Kingdom has announced that it will be severing diplomatic ties with Iran. This soaring political tension between the two most influential members of the OPEC has led to fluctuating oil prices. Douglas-Westwood researcher Katy Smith comments on the recent developments and the potential fallout for oil price. http://www.ogfj.com/articles/2016/01/iran-saudi-arabia-tensions-and-impact-on-oil-price.html?cmpid=EnlOGFJJanuary182016.html&eid=288118515&bid=1281915
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