Sunday, 20 April 2014

Putin Stating Riyadh Trump Oil Card – OpEd | Eurasia Review

Putin Stating Riyadh Trump Oil Card – OpEd | Eurasia Review:



"It is not an academic debate or even one within think tanks, but a simple statement stating the obvious that politics are governed by the economy, where oil occupies a central position. And for that, it is Saudi Arabia that can tip the balance.



The message was transmitted quickly through the airwaves given the fact it is said by no other person that Vladimir Putin, Russia’s strong man and at a critical time where the Western capitals were wondering what to do given Moscow’s recent moves in Ukraine.



Though it was the twelfth session of Q & A on a television program between Putin and his audience, the Russian “tsar” was speaking calmly like a businessman who knows where he stands in reality vis-a-vis his rivals given the competitive edge he enjoys.



In a cold tone, he said that the West could try to hurt Russia through its efforts to influence the energy market, but such efforts would ‘backfire.’"



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