Chop-chop: Saudis may cut billions in military contracts & petrodollar in response to US sanctions

Chop-chop: Saudis may cut billions in military contracts & petrodollar in response to US sanctions

US penalties against Saudi Arabia over the alleged murder of Washington Post journalist Jamal Khashoggi may never be implemented. But just in case, the oil-rich kingdom has threatened to hit back using several effective weapons. Washington pledged ‘severe punishment’ if the Saudis ordered the killing of Khashoggi, a Saudi-born journalist, who disappeared nearly two weeks ago shortly after he entered the kingdom’s consulate in Istanbul.