Stig Östlund

onsdag, februari 23, 2011

The oil


Oil analysts are paying very close attention to fast-moving events in Bahrain, fearing that clashes between the island’s Sunni elite and an aggrieved Shi’ite majority could embroil the two Gulf giants of Iran and Saudi Arabia. Marchers from Bahrain’s Shi’ite community, 70% of the Island’s 800,000 population, poured into Manama’s Lulu square on Tuesday in another day of civic protest after the royal family promised to call off the bloody crackdown, the Telegraph reports.

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