Atlantic Council: Russia cannot defeat Saudi Arabia in the oil war


Russia got out of control by suddenly launching a war on oil prices, although the Kremlin is clearly not in a position to defeat Saudi Arabia and the United States, writes renowned economist Anders Aslund on the Atlantic Council website.


The author points out that the population of Saudi Arabia is one fifth of the population of Russia, however, Riyadh has quite comparable foreign exchange reserves. In other words, Riyadh can drastically reduce budget spending, while not at the expense of its citizens. The United States, in turn, is still an importer of oil, therefore, their economy only benefits from low prices.

The root of the problem is that Russian President Vladimir Putin has too much power, which he has just strengthened through constitutional restructuring. This allows him to neglect the interests of the Russian people for the sake of the whims of his associates

- noted in the text.

The author of the article sees the main culprit of the collapse as the head of Rosneft, Igor Sechin, who, in the opinion of Mr. Oslund, “has threatened Russia's macroeconomic stability.” At the same time, the Russian Federation is already under a number of US sanctions, which only expanded during the presidency of Donald Trump. The expert believes that in the end, the Russian economy may sag due to low prices for black gold, which the Kremlin did not initially anticipate.
  • Used photos: http://www.kremlin.ru/
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  1. Ivan Ivanov_18 Offline Ivan Ivanov_18
    Ivan Ivanov_18 (Troll trolls) 24 March 2020 11: 54
    +3
    Russia cannot defeat Saudi Arabia in the “oil war”

    Of the arguments for, only universal blah blah about strengthening Putin’s power. However, other authors, based on numbers, argue differently. Riyadh can drastically reduce budget spending, while not at the expense of its citizens. And to the detriment of whom? Russia?
  2. Afinogen Offline Afinogen
    Afinogen (Afinogen) 24 March 2020 11: 59
    0
    that as a result, the Russian economy may sag due to low prices for black gold

    He cannot sink what is not. For a long time there is no economy. There are a cunning and agile handful of people. which in the dashing 90s, when a mighty ship called the USSR sank (where the economy was) sank quickly took the helm of a new ship. Which completely destroyed the Soviet economy, but did not build a new one. They are engaged in the fact that they sell minerals and live, do not deny themselves anything. They feed the army and the police (so that they are protected), and people throw leftovers from the master's table and feed them with promises.
    1. Ivan Ivanov_18 Offline Ivan Ivanov_18
      Ivan Ivanov_18 (Troll trolls) 24 March 2020 12: 46
      -1
      Quote: Athenogen
      For a long time there is no economy

      And what then Maxim tore to shreds?
      1. Afinogen Offline Afinogen
        Afinogen (Afinogen) 24 March 2020 12: 55
        +1
        Maxim laughing He was about to break the economy, but he didn’t find and took care. laughing
  3. 123 Offline 123
    123 (123) 24 March 2020 12: 52
    +3
    Russia got out of control by suddenly launching a war on oil prices, although the Kremlin is clearly unable to defeat Saudi Arabia and the United States.

    This is not even the whole proposal, but mistakes and miscalculations are already visible.
    1. The author believes that Russia is under control.
    2. If they believe that the "war" began suddenly and this is a surprise for them, then they are not able to think 2-3 moves ahead.
    3. Russia does not seek to win this war, but only defends its economic interests. Nobody refused to negotiate. But whether the others are able to win and what they consider a victory is a big question.
    Further discussion of the ranting of the near narcissistic peacock does not make sense. request Imported author into the furnace. negative
  4. Arkharov Offline Arkharov
    Arkharov (Grigory Arkharov) 24 March 2020 13: 00
    -1
    Unfortunately, this seems to be the case. How could this not be understood is not clear.
    1. isofat Offline isofat
      isofat (isofat) 24 March 2020 13: 22
      +1
      Arkharov, in July 2019 Atlantic Council was recognized by the Russian Prosecutor General as an undesirable organization.
      1. isofat Offline isofat
        isofat (isofat) 24 March 2020 13: 39
        +3
        Oslund said that it was Russia that unleashed the war in Georgia and that it should be expelled from the GXNUMX.
        In 2004, he believed that "Putin’s days are numbered."
        In 2009, he declared Russia's weakness and its impossibility to influence Ukraine, however, already in 2014 - about the “iron embrace of Russia”.
        In February 2010, he announced the death of Putin's model.
        He calls the Customs Union the "neo-imperialist project" of Putin.
    2. The comment was deleted.
  5. SASS Offline SASS
    SASS (Sass) 24 March 2020 15: 16
    -1
    Why win? Then manage, develop ... Yes, nafig .. Just crush and all-yo-yo.
    Bedouins, it's time for the camels and the Bedouin to the desert ...)))
  6. Andrei Shtyubov Offline Andrei Shtyubov
    Andrei Shtyubov (andrey pieces) 24 March 2020 17: 42
    0
    We again suffer from a weak economy!
  7. Observer2014 Offline Observer2014
    Observer2014 24 March 2020 19: 17
    0
    The only thing that led the Kremlin to an oil war was the country's food security. But here I want to turn to the Kremlin. Listen here, strategists. We also need to dress, be treated, modern tools for work are needed. wink Yes, yes, strategists. The tools are literal. And supplies for everything! From dentistry to drywall.
    1. isofat Offline isofat
      isofat (isofat) 24 March 2020 19: 38
      -2
      Quote: Observer2014
      ... we also need to dress, be treated, modern tools for work are needed. Yes, yes, strategists. The tools are literal. And supplies for everything! From stamotology. To the drywall.

      Observer2014Announce the entire list, please.
      1. Observer2014 Offline Observer2014
        Observer2014 24 March 2020 20: 14
        +1
        Quote: isofat
        Quote: Observer2014
        ... we also need to dress, be treated, modern tools for work are needed. Yes, yes, strategists. The tools are literal. And supplies for everything! From dentistry. To the drywall.

        Observer2014Announce the entire list, please.

        Accessories for auto and mechanical engineering. Modern building materials. Ordinary self-tapping screws, if you like. Only not the GE that is sold in stores. A high quality. Let's take the Hilty firm as a sample wink Marking tool !!!!! Qualitative!!! All possible range of power tools. Overalls of the right quality and in the right quantity. Maybe we ask the Italians? In return for help? Well, if our strategists are so tight?
        1. isofat Offline isofat
          isofat (isofat) 24 March 2020 20: 23
          0
          Observer2014, and what will happen when you get it all? By the way, how many are you?
          1. Observer2014 Offline Observer2014
            Observer2014 24 March 2020 20: 38
            0
            Quote: isofat
            Observer2014, and what will happen when you get it all? By the way, how many are you?

            Well, for starters, there will be less fussing, laughing when a self-tapping screw will look like a self-tapping screw. Figuratively, of course. Plus labor productivity. Plus, the workers, looking at each other, will probably begin to take Kremlin speeches at least a little more seriously. Or Italians ask for help?
            Most importantly, the price of work will not fall in price at the expense of the wages of Russian workers. And due to high-quality (which I can not believe at all) Russian components and tools. Labor productivity. And not due to stupid optimization. Run no, not dumbasses. They just dough mowed. These are just the Kremlin’s sweet speeches that were lowered and lowered below the baseboard!
            1. isofat Offline isofat
              isofat (isofat) 24 March 2020 20: 56
              +1
              You are a good man.
  8. Boris Lytkin Offline Boris Lytkin
    Boris Lytkin (Boris Lytkin) 25 March 2020 10: 11
    +3
    And why, then, Trump, not Putin calls the prince with requests not to lower prices?