Middle East Is Not in A Crisis Right Now: Credit Suisse’s Abib – Bloomberg

Middle East Is Not in A Crisis Right Now: Credit Suisse’s Abib – Bloomberg:

Oil soared to a two-week high as Saudi Arabia accused Iran of ordering this week’s attack on its key oil facilities, fueling tensions between two of the world’s oil-producing superpowers. While Saudi’s pipeline has reopened, officials from all sides are warning that a string of recent events have pushed the region closer to a potentially devastating conflict. Osmar Abib, chairman of global energy at Credit Suisse, and Ellen Wald, a senior fellow at the Atlantic Council’s Global Energy Center and author of "Saudi, Inc", talk with Bloomberg's Alix Steel about the tensions in the Middle East. (Source: Bloomberg_TV)