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Saudi Arabia's mounting security challenges

Saudi Arabia's battle in Yemen and conflicts with Iran, coupled with the fall in the price of oil, point to a trying 2016 for the kingdom.
Members of Saudi security forces take part in a military parade in preparation for the annual Haj pilgrimage in the holy city of Mecca September 17, 2015. REUTERS/Ahmad Masood      TPX IMAGES OF THE DAY      - RTS1M2W
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Saudi Arabia faces an increasingly complex web of security challenges at a time when its economy is depressed. With oil prices unlikely to rise in the next couple of years, King Salman bin Abdul-Aziz Al Saud will have to balance carefully his foreign policy priorities.

The kingdom announced its new budget Dec. 28 with a record $87 billion deficit. Revenues are projected at $137 billion and spending at $224 billion.

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