That's why the price of oil has tumbled. It's collusion to drive Russia further into chaos.
That's why the price of oil has tumbled. It's collusion to drive Russia further into chaos.
It's not collusion; it's strategic economic sanction using market manipulation.
Non-OPEC oil-producing nations have increased their oil production thereby glutting the market. Once the oil market tumbled, Russia's bid to annex Ukraine to secure oil supply not only became moot. It also became a liability.
Now that the fallen Russian economy is forecast to fall even further, Putin's political machine is trying to counter the historical record provided by international journalism with Russia's homegrown Internet propaganda machine, which is part of the reason Google is being forced out of Russia.
That is, at the same time Russia ramps its efforts to pollute the historical record with Internet trolls, it needs to eject the (mostly, ha!) politically neutral search results provided by Western Internet companies such as Google.