Wednesday, June 21, 2017

Saudi king empowers young reformer son in succession shake-up

Saudi Arabia's King Salman made his son next in line to the throne on Wednesday, handing the 31-year-old sweeping powers as the kingdom seeks a radical overhaul of its oil-dependent economy and faces mounting tensions with regional rival Iran.

Although Mohammed bin Salman's promotion to crown prince had long been expected among those who follow the royal family closely, the timing was a surprise and puts the kingdom's future in relatively untested hands.

Mohammed bin Salman replaces his cousin, Prince Mohammed bin Nayef, a veteran security chief who led the Saudi campaign against Islamic State and al Qaeda, at a time when Riyadh faces tensions with Qatar and Iran and is locked into a war in Yemen.

His appointment may make Saudi policy more hawkish against arch-rival Iran and other Gulf rivals such as Qatar, increasing volatility in an already unstable region, analysts said.

"Under his watch, Saudi Arabia has developed aggressive foreign policies (Yemen, Qatar) and he has not been shy about making strong statements against Iran," said Olivier Jakob at Switzerland-based oil consultancy Petromatrix.

U.S. President Donald Trump, who last month made Saudi Arabia his first foreign stop since his election, telephoned Mohammed bin Salman to congratulate him on his promotion. - Read More, Reuters

Saudi king empowers young reformer son in succession shake-up


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