Geopolitics of the Saudi-Russian oil price war

Geopolitics of the Saudi-Russian oil price war

FPI / March 31, 2020 Analysis by Paul Crespo The ongoing oil price war between Saudi Arabia and Russia has a significant impact on U.S. national security that few in the media seem to understand. Thanks greatly to the rebirth of the domestic shale oil and gas industry, the U.S. became fully energy independent at […]

Russian oil power play targets U.S., but may backfire

Russian oil power play targets U.S., but may backfire

FPI / March 13, 2020 By Paul Crespo Russia and Saudi Arabia are now engaged in a full-scale oil price war where the ultimate target is the U.S. shale oil industry. Russia provoked this war days ago when it refused to follow OPEC+ plans to decrease production to maintain prices as the coronavirus saps demand. […]