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welcome to a new week and a new edition

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of CNN ten I'm Carl azuz happy to see

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you this Monday when International stock

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markets open on September 16th one thing

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investors around the world are watching

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is the price of oil it's crucial for

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world economies because it's their major

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source of energy and a country that's a

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major supplier of oil saw its oil

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facilities attacked on Saturday as many

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as 10 drones unmanned aircraft hit oil

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plants in Saudi Arabia the kingdom is

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the world's largest exporter of oil and

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the attacks hit the world's largest oil

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processing facility Saudi Arabia says no

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one was hurt but half of its oil

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production was disrupted and that

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accounts for 5% of the world's daily oil

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supply so as Saudi Arabia rushes to

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repair the damaged plants investors want

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to see if and how this affects oil

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prices worldwide

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they've been relatively low for months

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but could go up significantly because of

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this so who did it Houthi rebels in

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neighboring Yemen say they did they've

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been fighting for control of Yemen in

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that nations Civil War but Saudi Arabia

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which supports Yemen's government has

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been leading an international fight

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against the Houthi rebels so the Houthis

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say they attacked Saudi Arabia's oil

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facilities in response but not

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everyone's convinced the US government

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blames Iran for planning the attack

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calling it an assault on the world's

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energy supply Iran does support Yemen's

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Houthi rebels but the country says it

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wasn't involved in the Saudi oil attack

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and called the u.s. accusation

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meaningless tensions have been soaring

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between America and Iran since last year

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when the u.s. pulled out of a

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controversial nuclear deal with the

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Middle Eastern nation so as investors

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watch oil prices Saudi Arabia works to

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repair its facilities and the u.s. and

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Iran bristle at each other international

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politics are among the cast of tensions

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on the world stage the Kingdom of Saudi

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Arabia and the United States are two

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unexpected allies ones an autocracy the

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other a democracy there are many

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differences between the two but one

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thing they have in common is that each

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country has with the other ones Saudi

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Arabia has oil and the United States

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has arms to understand how reciprocal

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the relationship is we need to go back

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to how it started

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Saudi Arabia as we know it was founded

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in 1932 by King Abdulaziz a few years

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later oil was struck and American

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companies sensing an opportunity moved

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in it was a relationship which was based

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on a company Standard Oil in the name of

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the US government trying to look for

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access to oil resources

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this picture shows where the

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relationship crystallized this was Saudi

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Arabia's founder King Abdul Aziz meeting

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US President Franklin Roosevelt on the

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USS Quincy on the Suez Canal in 1945 the

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United States wanted to have a secure

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access to to the oil resources and at

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the same time they would provide the

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Saudi Kingdom with access to arms and

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obviously provide protection as the

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years passed the relationship

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strengthened Standard Oil founded Aramco

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the Arabian American oil company which

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controlled every oil well and barrel in

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the country and as the oil flowed into

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the u.s. american-made arms flowed into

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the kingdom between 1950 and 2017 Saudi

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Arabia bought more than 100 billion

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dollars worth of arms from the US making

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the kingdom the country's biggest

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customer it's a relationship so strong

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that even when Saudi Arabia and the US

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are on opposite sides of an issue arms

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continue to flow for example in 1973 and

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the start of the Yom Kippur War Egypt

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and Syria launched a surprise offensive

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against Israel the u.s. responded

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supporting Israel which Saudi opposed

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the kingdom and its OPEC allies

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responded by setting an oil embargo

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reducing production and significantly

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impacting the US economy but there was

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no slowdown in arms sales if we look at

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the actual figures of arms supplies to

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Saudi Arabia from the US we do see that

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that was around the time but we really

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see a very significant increase in those

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supplies which then continued over the

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decades and probably this may also be

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related to the fact but that really was

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the moment that

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prices really increased very rapidly

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even 911 where fifteen out of the

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nineteen attackers were Saudi did little

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to rattle the arms relationship with the

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kingdom which has denied any involvement

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in the attacks ran 2005 there was a dip

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in the volume of deliveries of weapons

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from the u.s. to Saudi Arabia but I

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think that didn't necessarily have to do

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with 9/11 I think it had more to do with

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the fact that Saudi Arabia I didn't have

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the best financial conditions at that

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time and that it had already stocked up

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on a very large quantity of advanced

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arms and in 2017 u.s. President Donald

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Trump's first foreign visit was to Saudi

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Arabia where he signed an arms deal said

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to be worth 110 billion dollars for a

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long time Saudi Arabia hasn't really

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uses equipment very much a Batman

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started to change

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in 2015 we see the that said a

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full-scale military intervention by the

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Yemen conflict has become the world's

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worst humanitarian crisis with tens of

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thousands killed it's also widely seen

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as a proxy war between Iran and Saudi

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Arabia with Houthi rebels supported by

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Iran and pro-government forces supported

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by the saudi-led coalition the world has

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changed a lot since the relationship

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between Saudi Arabia and the USA began

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imports of oil from the kingdom to the

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US have dropped by 47% since a high in

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1991 since that first Accord in 1932

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Saudi Arabia has had seven kings the

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u.s. has had fourteen presidents but

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through it all the bond between these

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two nations has remained unbreakable

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ten-second trivia though Hong Kong isn't

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independent from China it is considered

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a what semi-autonomous Republic

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special administrative region autonomous

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region or Protectorate Hong Kong is a

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special administrative region it's

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people have more freedoms than those in

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mainland China

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Hong Kong's government says it's open to

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increasing communication with the public

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to solve the city's problems for the

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fifteenth weekend in a row there were no

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signs those problems are going away

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there was a large peaceful march on

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Sunday

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there were also incidents of vandalism

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and attacks on police demonstrators want

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more democratic freedom for Hong Kong

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but if struggles continue between them

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and their local government it's possible

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China could step in it says it has

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ultimate control over the special

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administrative region this is the 15th

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straight weekend of confrontations and

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protests here in Hong Kong and this is a

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very typical site here

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large numbers of riot police deployed

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after demonstrators conducted a protest

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march which had not been authorized by

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the police through the downtown of Hong

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Kong Islands and then it was followed up

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with scenes of demonstrators coursing

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through the streets teargas water

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cannons it's a scene that has repeated

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itself

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week after week we witnessed on this

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evening

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a group of demonstrators beating a man

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quite badly on a street corner we're not

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sure why he was targeted but he left

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dazed and bloodied now the fact is is

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that hundreds of people have been

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detained thus far arrested and this has

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taken a toll on the Hong Kong economy

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hotels have large numbers of vacancies

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airplane ticket sales are down retail

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sales are down as well and Hong Kong's

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reputation has taken a beating the Hong

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Kong government has taken some steps to

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try to meet some protester demands but

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at this stage there seems to be no

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settlement insight and as you can hear

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many ordinary citizens now view to the

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police as targets of derision police

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commanders have told CNN it will take

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years to recover from the damage that

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their reputation has suffered through

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this cycle of confrontation Ivan Watson

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CNN Hong Kong at Indiana's Purdue

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University there's a new delivery team

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on campus they don't talk much but they

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do bring students something to chew on

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customers can order food and drinks

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using a smartphone app the meals are

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plopped into the robots which then zip

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around and drop them off within minutes

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their automated though the people who

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monitor them can take control if needed

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and the company that provides the

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service hopes to expand it in the years

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ahead the question is will the meals on

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wheels be slow in the snow will they

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beat the heat with the food you eat or

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will they arrive at all if the leaves

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and fall Meyer the tires and cause

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impairments that need repair Matt's

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guess the robots will have to learn the

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purr do's and don'ts of drone livery I'm

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Carl azuz delivering another edition of

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CNN

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[Music]


