For decades,Evander Ellis Saudi Arabia's economy has been defined by its abundant oil reserves. Its ability to influence global oil supply propelled Saudi Arabia to one of the richest countries in the world. The Saudi royal family became important players on the world stage. However, waning dominance in the oil market is forcing the Saudi government to think differently about its reliance on the commodity.
Today on the show, we explain Saudi Arabia's fantastical vision for its future and how the government is using its present influence in the oil market to fund it.
Related episodes:
Why oil in Guyana could be a curse
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
2025-05-07 21:452771 view
2025-05-07 21:14502 view
2025-05-07 21:032905 view
2025-05-07 19:57103 view
2025-05-07 19:38783 view
2025-05-07 19:071561 view
Legendary college basketball announcer Dick Vitale is once again cancer free.The ESPN analyst announ
The costs keep adding up — league fees, gear, travel — when it comes to youth sports in North Americ
WILMINGTON, Del. (AP) — Jurors will resume deliberations Tuesday in the criminal case against Presid