Production raises once again from May possibly 2006 to July 2006, as prices initial drop, after which crest from the $70s on panic of war with Iran or hurricanes in the Gulf. I interpret this as almost certainly the onset on the Haradh megaproject.
Saud succeeded on the throne on his father's death in 1953. On the other hand, through the early sixties the Kingdom was in jeopardy as a result of Saud's financial mismanagement and failure to offer properly having a regional challenge from Egyptian president Gamal Abdel Nasser. Being a consequence Saud was deposed in favour of Faisal in 1964.
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