We expect Saudi Arabian oil production to rebound quickly following the Sept. 14 attacks on two oil production facilities. Our estimate of the kingdom's strong net asset (stock) position on both its fiscal and external balances is a key support for the ratings. Geopolitical risks remain high. The rating could come under downward pressure in a scenario in which Saudi Arabia's oil infrastructure was subject to repeated foreign attacks, weighing on economic, fiscal, and external performance. We are affirming our 'A-/A-2' long- and short-term sovereign credit ratings on Saudi Arabia. The outlook is stable. On Sept. 27, 2019, S&P Global Ratings affirmed its 'A-/A-2' unsolicited long-and short-term foreign and local currency sovereign credit ratings on Saudi Arabia. The outlook is
