For the Saudi’s, this is ALL about bankrupting ISIS.
As far as “targeting” goes, 18% of all High-Yield Bands held by U.S. Banks are in Oil companies/Oil Exploration. Besides, government, it has been the ONLY US Growth Industry in the Obamunist Era.
If that 18% unwinds, we are, yet again, going to get screwed, while the banks are made whole.
Is that like, the Rolling Stones, ZZ Top?