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Oil prices dropped as much as 30% following the unexpected Saudi decision to cut prices and boost production. The move reflects the uncertainty surrounding the coronavirus and its economic effects.
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Following the December attack on a naval air station, the Pentagon has suspended training of all Saudi military students, as investigators conduct a review of the more than 800 students in the U.S.
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Secretary of State Mike Pompeo said some Saudis suspected in the journalist's death would have their visas to enter the U.S. revoked. Targeted sanctions against Saudis are also being discussed.