The Saudi Bait-and-Switch

... uniquely American Faustian bargain: the oil price slide has clearly put greater teeth into the American sanctions imposed against Russia, as it has hurt the Russian ruble significantly. Sanctions alone for the first half of 2014 basically had no real impact ... ... as you can see, nothing is ever as it seems in the world of high economic ‘political finance,’ especially in the Middle East when it comes to global energy markets. Saudi Arabia is ‘punishing’ itself for one year so as to reward ...