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Explore It Was Saudi Arabia That Broke Iran, Not the US with 820,121 views, 42,686 likes, and 2,080 comments. Experience the impact of this video content that has captured audience attention.

Why does the Middle East look the way it does today? Eleven men sit around a table deciding the price of oil for the entire world. Ten of them want to raise it. One walks out, flies home to talk to his king, comes back eight hours later, and quietly torpedoes the whole thing. This isn't really a story about diplomacy or alliances. It's a story about the math underneath all of it, what it actually costs Saudi Arabia to pull a barrel of oil out of the ground (*$3*), what Iran needed to sell it for to keep their economy from collapsing (*$19*), and the one thing that genuinely terrifies a petrostate: not low prices, but prices so high the world finds a replacement and stops needing you at all. *In this one we get into:* — Why the *Ghawar oil field* is basically cheating, and how Saudi Arabia gets 10,000 barrels out of a well using the same electricity it takes Texas to get 500 — What a *"fiscal breakeven" price* actually is, and why $40 oil is fine for some countries and a death sentence for others — How the *Stevenson Plan* killed the British rubber monopoly in the 1920s, and why every Saudi oil minister since has been quietly haunted by it — Why Saudi Arabia did to *American shale in 2016* what they did to *Iran in 1976* — and what that reveals about who the kingdom is actually loyal to *The short version:* Saudi Arabia doesn't pick friends. It picks self-interest. Sometimes that lines up with America. Sometimes it doesn't. The oil math explains all of it. #Maxinomics #Oil #SaudiArabia #Iran #OPEC #Geopolitics #Economics 00:38 Breakeven Oil 03:05 The Day Saudi Arabia Betrayed Iran 04:47 Petrostates 09:53 The Rubber Lesson 11:29 Oil Per Person 14:01 Is It America's Fault? 15:02 Footnotes Follow Maxinomics on social: X: https://x.com/maxinomics Instagram: https://www.instagram.com/maxinomicsmb TikTok: https://www.tiktok.com/@maxinomics Producer: Phil Andrews (the guy in the videos and the comments) Video Editor: Christie Muldoon Motion Graphics: Luca Depardon Director of Production Services: Sam Wolf Thumbnail: Seth Laupus Franchise Content Producer: Tariq Abdellatif President, Morning Brew: Devin Emery This video was sponsored by tastytrade, inc. This does not imply that tastytrade endorses, recommends, or supports any content, opinions, and materials discussed or displayed in this video. tastytrade is a registered broker-dealer and member of FINRA, NFA, and SIPC.

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