Saudi Arabia sent its troops into Bahrain

As the turmoil in the Middle East continues especially the Libyan riots, there are currently reports of Saudi Arabia sending its troops into Bahrain, as Bahrain requested from Saudi Arabia its support in fending off protestors.

 

Saudi Arabia tries to stabiles the region and the violent riots that spread across Bahrain. This unrest might flare up the energy market again, however if there won’t be any direct ramifications on oil production or reserves on other countries on the regions this news items should have a direct affect on crude oil prices (Bahrain produces small amounts of oil compare to OPEC countries with estimated production of 40,000 barrels a day).

 

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