Although some sources say that he was declared clinically dead in April, Saudi Arabia's King Fahd officially died today, according to government sources.

This latest news will, most likely, supercede any coverage of Saudi involvement in the London Bombings. According to the New Zealand Business Review, news of Fahd's death is sending a shock through oil prices.

CNN reports that Fahd's death "Will not change Saudi oil policy". According to Reuters South Africa, "Fahd death lifts crude but dollar rally flags".

According to al Jazeera, World leaders are mourning King Fahd

Prince Heir Abdullah bin Abdel Aziz had been appointed as the new monarch, and Defense Minister Sultan bin Abdel Aziz as the Prince Heir.

Prince Sultan bin Abdul Aziz, who will take Abdullah's place as the next crown prince was, like our new Saudi ambassador, Prince Turki al-Faisal, named in a lawsuit by the 9/11 families for funding bin Laden.

More than 600 Cantor Fitzgerald employees were murdered on 9/11. Cantor Fitzgerald was one of the groups accusing Prince Turki and Prince Sultan of paying for murder.

Turki al-Faisal was appointed ambassador to Britain in 2002. A Saudi official denied the appointment was intended to give him diplomatic immunity to protect him from lawsuits.

The Star Tribune reports on the facts behind the Lawsuit against the new Saudi Crown Prince:

Matt Sellitto, whose 23-year-old son was among nearly 700 employees of the bond-trading firm of Cantor Fitzgerald who died in the World Trade Center, said the financiers "are more wrong" than the terrorists.

They "have the blood of my son on their hands, and the blood of more than 3,000 irreplaceable people on their hands," he said.

The suit says it seeks to respond "to this act of barbarism . . . with the collective voice of civilization."

Motley, who is nationally known for his legal triumphs over the asbestos and tobacco industries, said the suit will focus first on the alleged financiers' U.S. assets.

He said the case was aided by intelligence services from France and four other foreign governments, but with no help from the Justice Department. Motley is being assisted by Allan Gerson, who broke legal ground in pursuing the Libya case, a consortium of 10 law firms and Jean-Charles Brisard, who wrote exhaustively on the Bin Laden financial network for the French Parliament.

While the suit does not name the Saudi government, it names as defendants Saudi princes Muhammad al-Faisal; Turki al-Faisal, the former Saudi intelligence chief; and Sultan bin Abdul Aziz al Saud, the Saudi defense minister who also chairs Saudi Arabian Airlines, which does business in the United States. It also names Khalid bin Salim bin Mahfouz of the Saudi-based National Commercial Bank, the Faisal Islamic Bank and a web of banks, charities and individuals in several countries, many with alleged ties to terrorists.

The suit alleges that in 1995, under Turki, the Saudi Secret Services decided to give a large amount of financial support to the Taliban radical Islamic movement in Afghanistan and Pakistan. Citing a "nonpublished French intelligence report," it says that Saudi princes and business leaders met in Paris in 1996 and agreed to continue sponsoring Bin Laden's network.

And in July 1998, it says, at a meeting attended by Turki in Kandahar, Afghanistan, a deal was cut: Bin Laden and his followers would not subvert the Saudi government and, in return, the Saudis would "provide oil and generous financial assistance" to the Taliban in Afghanistan and Pakistan. After the meeting, the suit says, 400 new pickup trucks bearing Saudi license plates arrived in Kandahar for the Taliban.

Since 1994, it alleges, Sultan has donated at least $6 million to Islamic charities that were sponsoring Bin Laden and Al-Qaida.

Whatever their actions, Sultan and Turki are now being handsomely rewarded for them. So goes the process of reform in Saudi Arabia.