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HomeNewsGeopoliticsSaudis Snub US, Pivot to Russia as Oil Prices Nears $100/b!

Saudis Snub US, Pivot to Russia as Oil Prices Nears $100/b!

What’s behind Saudi Arabia’s decision to assist/support Russia? How does this assistance shape the world’s energy market? In this video, I provide you answers with a focus on the global/bigger picture when considering the geopolitical shift taking place before our eyes.
One thing is sure: Saudi Arabia is helping Russia at the expense of the US! Whoever thought!!

Link:

Saudi Arabia doubles second-quarter Russian fuel oil imports for power generation:
https://www.reuters.com/business/energy/exclusive-saudi-arabia-doubles-q2-russian-fuel-oil-imports-power-generation-2022-07-14/

Russia Overtakes Saudi Arabia As The Largest Oil Exporter To China:
https://oilprice.com/Energy/Crude-Oil/Russia-Overtakes-Saudi-Arabia-As-The-Largest-Oil-Exporter-To-China.html

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