London
7 °C
Manchester
Glasgow
Dublin
8 °C
Belfast
Washington
18 °C
Denver
-2 °C
Atlanta
Dallas
14 °C
Houston Texas
25 °C
New Orleans
El Paso
Phoenix
Los Angeles
6 °C
-16 °C
20 °C
32 °C
26 °C
8 °C
NYSE - LSE
| RBGPF | 100% | 69.02 | $ | |
| AZN | -7.98% | 68.46 | $ | |
| BTI | -5.17% | 39.86 | $ | |
| GSK | -6.79% | 36.53 | $ | |
| CMSC | 0.13% | 22.29 | $ | |
| NGG | -5.25% | 65.93 | $ | |
| RELX | -6.81% | 48.16 | $ | |
| CMSD | 0.7% | 22.83 | $ | |
| SCS | -0.56% | 10.68 | $ | |
| BP | -10.43% | 28.38 | $ | |
| JRI | -7.19% | 11.96 | $ | |
| RIO | -6.88% | 54.67 | $ | |
| BCC | 0.85% | 95.44 | $ | |
| VOD | -10.24% | 8.5 | $ | |
| RYCEF | -18.79% | 8.25 | $ | |
| BCE | 0.22% | 22.71 | $ |
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.
Georgia Slips into Russia’s Grasp
Trump’s Ukraine Economic Colony Plan Stirs Debate
China Targets Dollar at US Critical Moment
EU Pledges €800 Billion for Defence to Deter Russia
Israel escalates War to crush Hamas
Trump, Putin and the question: What now?
Canada challenges Trump on Tariffs
Nuclear weapons for Poland against Russia?
Rebellion against Trump: "Ready for War?"
Ukraine: Problem with the ceasefire?
Ukraine Loses Kursk: A Collapse?
