沙特可以控制石油供应，但需求可能是其致命弱点

Core Viewpoint - Saudi Arabia is willing to engage in a painful price war to maintain its dominance in the oil-producing world, but the deteriorating global economic conditions may hinder the effectiveness of this strategy [1] Group 1: Supply Strategy - Saudi Arabia's strategy of increasing supply may not yield the desired response in demand, which is crucial for winning a price war [1] - The country faces a significant challenge as the traditional approach to controlling oil supply may not work effectively this time [1] Group 2: Demand Concerns - Since the beginning of the year, oil prices have dropped by 20%, primarily due to concerns over global demand stemming from the trade war initiated by U.S. President Trump [1] - There is no guarantee that a sharp decline in oil prices will lead to a significant increase in demand, which complicates the situation for oil-producing countries [1] Group 3: Market Dynamics - Oil-producing countries may end up competing fiercely for a shrinking oil demand pie, potentially leading to further price volatility [1] - This competition could undermine Saudi Arabia's long-standing control over the oil market [1]