Saudi Arabia’s Crown Prince Mohammed bin Salman (L) with Russian President Vladimir Putin. Photo: AFP
Why Russia’s Vladimir Putin is in no mood to call oil war truce with Saudi Arabia
- The unprecedented clash between the two giant exporters threatens to push the price of a barrel below US$20
- But Moscow will not be the first to blink and seek a truce as it is confident that it can hold out longer than Riyadh
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Vladimir Putin
Saudi Arabia’s Crown Prince Mohammed bin Salman (L) with Russian President Vladimir Putin. Photo: AFP