How Saudi Arabia and UAE oil tensions are a sign competition 'is just starting'

According to experts on the region, the recent dispute over oil production levels could be a sign of further things to come.

Abdulkhaleq Abdulla, a political science professor in the UAE, told CNBC: “What is happening here is these are the two biggest economies in the region, in the Arab world.

“And as Saudi Arabia wants to reform its economy, privatize, etc, there is bound to be competition between them.”

“Competition between the two biggest Arab economies is, I think, just starting. And it is bound to intensify in the days to come.”