London
15 °C
Manchester
Glasgow
11 °C
Dublin
9 °C
Belfast
Washington
10 °C
Denver
Atlanta
15 °C
Dallas
Houston Texas
New Orleans
El Paso
Phoenix
Los Angeles
21 °C
16 °C
13 °C
19 °C
1 °C
10 °C
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.
Frenchman breaks world record for longest tightrope walk ever
Russian Warcrime: Ukraine prosecutor asks for life sentence for Russian soldier in war crimes trial
Россияне, граждане всего мира ненавидят вас - ваш диктатор Вальдимир Путин является военным преступником!
Russian terror: War in Ukraine deals final blow to dwindling Black Sea tourism destination
Lebanon elections: Hezbollah and allies lose majority in parliamentary vote
Exhibition: Arabian Travel Market 2022 opened its doors in Dubai
Queen Elizabeth II makes surprise visit to open London's new rail line
Ukraine wins Battle of Kharkiv', say US analysts as Russian troops withdraw
Where can I travel in Europe? An updated list of COVID entry rules for every European country
Fight against Russian beasts: Zelenskyy honours Ukraine's first president on day of death
Eurovision 2022: Ukraine among 10 to reach the final as world's biggest pop music contest kicks off
