Saudi Arabia crashes the market as it goes into price war with Russia and the US


In depth
Issue 1099 - 19 Mar 2020 | 7 minute read

Slated, as current chair of the G20, to be a global leader in the response to Covid-19, Saudi Arabia has launched an oil price war that has collapsed the market as well as hurting rivals and enemies. With crude prices reaching record lows, a short, sharp solution seemed unlikely to emerge but common sense may eventually have to prevail.

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