Saudi Arabia’s King Salman on Sunday replaced the energy minister with one of his sons, state media said, in a major shakeup as the OPEC kingpin reels from low oil prices. The appointment of Prince Abdulaziz bin Salman, half-brother to de facto ruler Crown Prince Mohammed bin Salman, marks the first time a royal family member has been put in charge of the all-important energy ministry. “Khalid al-Falih has been removed from his position,” the official Saudi Press Agency said, citing a royal decree.
