CNBC: Saudis expand crackdown with arrest of military officials and businessmen, WSJ reports
* Saudi authorities have reportedly detained about two dozen military officials and several businessmen, widening a corruption investigation.
* Commanders in Saudi Arabia's armed forces are among those authorities have swept up in recent days, The Wall Street Journal reports.
* Earlier arrests contributed to a rally in energy markets that pushed oil prices to their highest level in more than two years.
Saudi authorities have reportedly detained about two dozen military officials and several businessmen, widening a crackdown that has already ensnared princes, ministers and other wealthy elites.
Commanders in Saudi Arabia's armed forces are among those authorities have swept up as part of a corruption investigation in recent days, The Wall Street Journal reported. It was not clear whether they are accused of wrongdoing or were being called as witnesses, the Journal said.
The investigation is seen as both a campaign to rein in graft and a move to consolidate power under Crown Prince Mohammed bin Salman, who is widely expected to take his father's place as king sometime soon.
Read more ....
WNU Editor: It was only a question of time before the Saudi military was targeted.