Putin's War Will Go Bankrupt if the Oil Prices Drop
The oil prices can suddenly drop if Saudi Arabia decides to boost production and flood the market with cheap oil. That's catastrophic for the Russian budget and for the war budget in particular. Putin will basically "go bankrupt" for financing the war against Ukraine and the West if the oil prices fall low enough.
But there's a bigger player to that, too. China is a major world player and it is getting Russia more and more dependent on its political will.
Negotiations at the Turkish dictator Erdogan: Russia and Ukraine try to agree...
Ukrainian President Volodymyr Zelenskyy addresses the Danish Parliament
Help for refugees arriving in Moldova and Poland from Russian terror in Ukraine
Ukraine war: Russian Terror-Forces enter Slavutych and seize hospital
Russian war crime: 300 dead in Russian terror bombing in Mariupol theatre
Ukraine war: NATO agrees on "substantial increase" of forces in Eastern Europe, says Stoltenberg
Ukraine war: US finds Russian troops have committed war crimes
Zelenskyy warns EU: Russia will not stop in Ukraine
Ukraine: Russians commit war crimes against civilian population in Mariupol
Ukraine war: Staff move into psychiatric hospital to help patients amid Kyiv bombs
Arnold Schwarzenegger tells Putin to 'stop this war' in viral video to the Russian people
