MBS doing his part. Maximum pressure

https:// www.zerohedge.com/news/2018-05-25/saudis-halt-orders-german-companies-crown-prince-deeply-offended

Well this is going to hurt: Der Spiegel reports that Saudi Crown Prince Mohammed bin Salman has ordered that all government contracts cease being awarded to German companies in what's being interpreted as an aggressive punitive measure after a year of already deteriorating Saudi-German relations and as Germany has expressed its plan to stick by the Iran nuclear deal.

Der Spiegel cites companies with long-term partnerships inside Saudi Arabia as already being impacted; however, there's still little clear confirmation on how far reaching the move will be: "Citing no sources, it said the move was likely to hit major companies such as Siemens, Bayer and Boehringer Ingelheim as well as carmaker Daimler,"according to Reuters, citing the Der Spiegel report published late Friday.