Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I'm not sure what part of this you're not getting. They're selling off a small stake of the state-owned oil company to diversify how they make money. They'll use the remaining money + new income from the corporations they'll build/buy to import oil. This isn't a hard concept to follow.


Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: