As Oil Drops $100, US Saudis Snub, Sticks to Russia Pact in the midst of Ukraine Crisis
Oil prices rise and concerns about a Russian invasion of Ukraine created a dilemma for Saudi Arabia: Help the West by pumping more crude to dominate the market, or siding with a five-year oil alliance that is helping Moscow at a cost. pay is Washington.
Currently, the world’s largest crude oil exporter is tied to Russia.
https://www.wsj.com/articles/as-oil-nears-100-saudis-snub-u-s-stick-to-russian-pact-amid-ukraine-crisis-11645015415 As Oil Drops $100, US Saudis Snub, Sticks to Russia Pact in the midst of Ukraine Crisis
