The Turbulent World with James M. Dorsey
The Turbulent World with James M. Dorsey
US-Saudi Oil Clash Sets Stage for Future Epic Battle
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US-Saudi Oil Clash Sets Stage for Future Epic Battle

The coronavirus pandemic and the global economic meltdown forced Saudi Arabia, the United Arab Emirates, the United States, and Russia to call time out in a war that was less about prices and more about market share and survival of the fittest. The agreement among producers to cut production by 10 million barrels a day amounts to a ceasefire that will likely end once economies recover and can again sustain the cost of war.

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