Just like his adventure in Yemen, Saudi Arabia’s young Deputy Crown Prince Mohamed bin Salman got it all wrong this week. It’s not Saudi Arabia which suffers from “oil addiction”, it’s we who are addicted. The unique Saudi drug – a cocktail of wealth, arrogance and infantile Puritanism – is far more dangerous, since it depends on the arithmetic (or myth) of its 716 billion barrels of oil reserves.

Source: Saudi efforts to ‘modernise’ its economy away from oil are just PR tactics – and the West is lapping them up | Voices | The Independent