Powerplay

Saudi Aramco listed only 1,5 percent of its shares at the saudian Tadavul stock exchange but started its IPO with more than 29 billion dollars - and its weight in the markets is the most important globally, more important than US giant Apple - a demonstration of power that is going on: Besides the trade war between the USA and China this IPO will be another reason of conflict even with an ally (the USA and Saudi Arabia against Iran, e.g.). The attack on the iranian general Kassem Soleimani had a positive effect on western oil companies like BP (british) or Exxon Mobil (US american) while the Saudi Aramco share price dropped. With only 1,5 percent of all shares at the stock exchange a competition however it is shaped will be a powerplay in global hegemony.