West using oil as weapon

Oil prices cannot remain at their current low. Oil is a Western weapon being used to force Moscow to rethink its strategy in Ukraine.

Last June, and after numerous meetings, the Europeans and Americans announced seemingly ineffective sanctions against Russia, for their ‘invasion’ and interference in Eastern Ukraine. Apparently, this was followed by US requests to the Arab oil countries to allow prices to drop to a level with which Russia could not compete in selling its oil. So, in six months or a year, the Russians will become disillusioned with the Ukraine adventure and/or the Eastern Ukraine majority will see that tying themselves to Russia is no longer attractive.

Then, oil will rise to pre-Ukraine crisis levels.

Fergus Jordan

The Maltings

Bray

Co Wicklow