Marcus Chenevix of TS Lombard said: “It is a damaging and stupid dispute, it is unclear why they [Saudi] couldn’t have taken more private action.” The Kingdom could quit its arms deals, worth half a billion dollars each year for Canada, as a means of further escalation, according to Mr Chenevix. Based on the track record of Crown Prince Mohammed Bin Salman, the 32-year-old de facto ruler of the Kingdom, the row is unlikely to be swiftly resolved. “MBS has not finished any dispute that he has started,” Mr Chenevix added.
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