Saudi Arabia, worried the cost of oil will stifle the already weak global economy, is set to...

|By:, SA News Editor

Saudi Arabia, worried the cost of oil will stifle the already weak global economy, is set to ship additional crude to its main customers in the U.S., Europe and Asia through the end of the year, FT reports overnight. The trick is how to do so while avoiding a confrontation with Iran, which has threatened the Saudis not to hike supplies to offset the impact of sanctions on Iranian crude exports.