Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Mar 25, 2020

Former NSC Official Coates Going to Saudi Arabia Amid Price War

(Bloomberg) -- Victoria Coates, the former deputy national security adviser now serving at the Department of Energy, will be based in Saudi Arabia to give the Trump administration an added presence in the region as an oil price war between the Saudi and Russian governments unfolds.

Coates was named a senior adviser to Energy Secretary Dan Brouillette in February and her assignment to Saudi Arabia has been in the works for some time, according to a Department of Energy official who asked not to be identified discussing personnel matters. Her start date isn't yet known because of upheaval caused by the coronavirus pandemic, the official said.

The decision to send Coates to Saudi Arabia was first reported by Reuters. The price of Brent crude plunged earlier this month after Russia vetoed deeper OPEC+ cuts and Saudi Arabia undertook a historic output surge in response, just as the coronavirus outbreak wiped out global demand.

Read More: Fleeting OPEC-Shale Détente Exposes Wildcat Roots of U.S. Oil

Coates oversaw Middle East and North Africa issues on President Donald Trump's National Security Council and was later named deputy national security adviser before moving over to the Department of Energy.

©2020 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search