The Russia - Ukraine Conflict

levitate

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Putin looking funny in the light. They are not gonna bring out the big dikks (thankfully), so they will catch an L here. I mean what the hell was the point of all this?
:why:
 

Bonk

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Saudi Arabia said we're not oath breakers, committed to the cartel with Russia.

This is not a good news, expect oil prices to go way up.



The whole new alignment with this war has been an eye opener.

Saudi Arabia and UAE that are US/UK puppet states have maintained neutrality throughout.

India is also interesting and I didn’t know both countries were that close apart from SCO. But digging deeper - it seems both share some history and the bond is reasonably strong.

Russia, China, Iran, India and other SCO countries - with the Arab duo - can change the balance of power and take power away from dollar’s dominance.

Another OPEC country with good relationship with Russia is Algeria and it has one of the biggest gas reserves in the world.
 

SwizzLake

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High oil prices without pumping more oil will benefit the Saudis. It’s business and maximising ya earnings is the name of the game.

Exactly. I said this yesterday in this thread, there is absolutely no incentive for Saudi Arabia to pump more oil. Saudi Arabia looks to benefit from all these sanctions.
 

Bonk

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Exactly. I said this yesterday in this thread, there is absolutely no incentive for Saudi Arabia to pump more oil. Saudi Arabia looks to benefit from all these sanctions.

Smart move on their part.

I hope Nigeria does the same once oil prices hit the roof. Good time to increase the country’s foreign reserves exponentially and use it for building infrastructures. But corruption in Nigeria is the only problem.
 
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