(English) Will the Middle East support Washington’s ‘oil sanctions’ to Russia?

en–>Will the Middle East support Washington’s ‘oil sanctions’ to Russia? Dr. Vugar Bayramov Chair of CESD, Azerbaijan www.cesd.az The price of 1 barrel of crude oil again dropped to $ 82 in the world market. The description of the market is very simple: demand is declining whereas the supply still remains high. Unlike Russia’s expectations, Saudi Arabia not only decreased oil production, but also applied for price discounts in the oil... Read More