The escalating scandal over the alleged murder of Saudi journalist Jamal Khashoggi has sent reverberations throughout the financial world, which has relied on investments from the oil-rich kingdom for decades.
The Saudi government’s suspected role in the death of Khashoggi inside the Saudi consulate in Istanbul, Turkey, has led a number of Western institutions to pull out of this week’s big investment conference in Riyadh, Saudi Arabia — as has Treasury Secretary Steve Mnuchin.