: :inin Kyiv (EET)

Opinion: Oil and Politics


In April 2014, when the Russian President Vladimir Putin was at the peak of his tsarist splendor after his invasion and subsequent annexation of Crimea, he spoke about his ability to control Europe’s gas and energy supplies.
He was like a hurricane, blowing away any objections by the West and the US. His only interest was to know what Saudi Arabia’s stance was.
At the time, media outlets quoted Putin as saying that Russia’s oil and gas revenues would not drop unless prices did, which would be the case if more oil was pumped into the market. He also said that of …read more

Source: ASHARQ AL-AWSAT

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