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In the short run, all oil exporting countries including Saudi Arabia are affected by the low oil prices. But Saudi Arabia benefits in the long run with estimated currency reserves of about $700 billion, allowing it to bear current low oil prices for a few more years. Low oil prices also give Saudi Arabia political power over other oil exporting countries that are its political rivals. For example, Saudi Arabia clashed with Russia and Iran over the Syrian conflict when the latter kept supporting Bashar al-Assad's regime against Saudi Arabia and its western coalition.
Abdullah became king of Saudi Arabia in 2005. The oil-rich state is a key ally of the U.S. in the Middle East and its extensive royal family enjoy massive wealth, with the king one of the world's richest men. Outspoken: The princesses claim their father, King Abdullah, did not approve of them supporting women's rights. Speaking out: Sahar is the eldest daughter and has somehow remained able to convey to the world the depraved state of human rights, especially against women, in Saudi Arabia.