What will mean recent discovery of oil reserves in Bahrein for the oil geopolitics of the Gulf

[jose chalhoub + 388]

The recent discovery of what could be the largest oil reserves for Bahrain will have important geopolitical implications for not just the tiny sheikhdom, but for the region entirely, especially for its close ally Saudi Arabia, and intertwined with its rivalry with Iran, knowing the shiite majority in Bahrain with its grievances against the monarchy, and allegedly influenced by Iran. It will be important to monitor and evaluate the dynamics of this situation in the short and long term taking also into consideration that Bahrain is home of the U.S. 5th Fleet. https://www.reuters.com/article/us-bahrain-oil/bahrain-says-new-discovery-contains-an-estimated-80-billion-barrels-of-tight-oil-idUSKCN1HB1ZJ

[TraderTate + 186]

Yes, I've been wondering how much power this could give Bahrain, which has always really had to do the bidding of the Saudis because they're basically strapped for cash. But even with any Shi'ite unrest, it's always Saudis to the rescue (i.e. Arab Spring). 

[DanilKa + 443]

there is a difference between "reserve" and "resource"; when it comes to an offshore shale oil - it may be zero vs 80B.