UPDATE 2-Fitch cuts Saudi credit rating citing “risk of further attacks”
Rating agency Fitch downgraded
Saudi Arabia’s credit rating to A from A+ on Monday, citing
rising geopolitical and military tensions in the Gulf following
an attack on its oil facilities and a deterioration of the
kingdom’s fiscal position.
Saudi Arabia’s credit rating to A from A+ on Monday, citing
rising geopolitical and military tensions in the Gulf following
an attack on its oil facilities and a deterioration of the
kingdom’s fiscal position.
Posted by Reuters
