Source: Arab News:
In a live television speech last week, Venezuelan President Nicolas Maduro said, “Did you know there’s an oil war? And the war has an objective: To destroy Russia.”
“It’s a strategically planned war … also aimed at Venezuela, to try and destroy our revolution and cause an economic collapse.” It’s the United States that has started the war, Maduro said, and its strategy was to flood the market with shale oil and collapse the price.
Russia’s President Vladimir Putin agrees. “We all see the lowering of oil prices,” he said recently. “There’s lots of talk about what’s causing it.”
The evil Americans are at it again. They’re fiendishly clever, you know. We are hearing this kind of talk a lot these days, especially from countries that have been hit hard by the crash in the oil price. Last Thursday, Brent crude hit $55 per barrel, precisely half the price it was selling for last June. The Obama administration’s announcement last week that it is preparing to allow the export of some US oil to foreign markets may send it even lower. (US crude oil exports have been banned since 1973.)
Categories: Americas