The Presidential Daily Brief


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    Could This Major Mideast Oil Zone Be Back in Business?

    Neighboring nations Saudi Arabia and Kuwait are on the cusp of reopening a contested but lucrative neutral oil zone on their shared border. No oil has been pumped from the area following their 2014-2015 diplomatic spat, but resuming output could boost the economies of both countries: It can produce up to 500,000 barrels a day, or about as much as OPEC-member Ecuador.

    Is it a done deal? Both sides are working out the technical details in preparation for a final phase of negotiations, though previous talks have fallen through at the last minute.

    Check out this OZY Flashback about the murder of a Saudi princess.

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