A bit of both. I wouldn't characterize as being quite so malicious, but it's business for sure. The Saudi's need to maintain market share, even if they are sell

A bit of both. I wouldn't characterize as being quite so malicious, but it's business for sure. The Saudi's need to maintain market share, even if they are selling it cheaper. They're banking on the price going back up, and if it does and the world has switched to US suppliers, then they're out even more. But there's another country they're looking to disrupt, one who's primary source of income is through oil sales due to sanctions. Their biggest enemy. Iran.