To achieve this, the coalition against it needs the staying power to maintain and even ratchet up sanctions and embargoes against moscow. and that is only conceivable in a scenario in which energy prices come down from their current highs. if oil prices remain over $100 a barrel, and they can easily go much higher, europe will soon enter a recession and the entire global economy will see a drop-off of growth, and political backlash against the sanctions. this would almost certainly mean the collapse of the coalition against russia as countries would search for ways to gain cheaper energy. that is surely vladimir putin s hope. the only plausible path to keep the pressure on russia while not crippling the global economy is to get oil prices down and the only sustainable way to do this is to get the world s largest swing producer, saudi arabia, as
Against russia as countries would search for ways to gain cheaper energy. that is surely vladimir putin s hope. the only plausible path to keep the pressure on russia while not crippling the global economy is to get oil prices down and the only sustainable way to do this is to get the world s largest swing producer, saudi arabia, as well as other gulf states such as the uae and kuwait, to increase production of oil. american oil production is expanding as fast as it can. there are other paths worth trying such as easing the embargo on venezuela and returning to the iran nuclear deal. but the dove states can easily expand production by millions of barrels a day and keep those supplies flowing well into the future. yet, despite several new treaties by the united states, saudi arabia and the uae have refused to significantly increase production. and that brings us to the central issue, mohammad bin salman, the crown prince of saudi arabia. in the past biden has called saudi arabia a paria