Saudi Arabia has embarked on an aggressive oil price war against Russia, pledging to flood an already-oversupplied market by unleashing its formidable spare capacity and tapping into strategic reserves in the hope of winning a quick victory.
Saudis pledge to use formidable spare capacity and strategic reserves in hope of quick victory
Saudi Arabia has embarked on an aggressive oil price war against Russia, pledging to flood an already-oversupplied market by unleashing its formidable spare capacity and tapping into strategic reserves in the hope of winning a quick victory.