Skip to main content

Fallout from Abqaiq attacks, Lebanon aid not a panacea

Fears that Saudi Arabia would suffer prolonged disruption to oil output following Saturday's attacks on the Abqaiq oil facility have been avoided, but the attacks appear to have reduced the appetite to rush through the Aramco IPO and (perhaps most worryingly) the threat of a military confrontation in the region has risen. Elsewhere, while talks over financial support from Saudi Arabia have reduced the chances of a near-term default in Lebanon, we still think that a debt restructuring is the only viable option to place the public finances on a sustainable footing.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access