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Your Weekly Update: 30 March - 3 April 2020


  • As Saudi Arabia and Russia dig in their heels and prepare for extended trench warfare over oil prices, the important questions now are: how long will this last, and what (or who) can bring these friends-turned-foes back to the negotiation table?
  • Saudi Arabia's ultimate goal is to have steady oil prices at a level acceptable to all (or most); since Russia isn't cooperating but the US may want to, then it must shoulder some burden as well.
  • The US has already imposed sanctions on certain parts of the Russian energy machinery, notably to stop the Nordstream-2 LNG pipeline and is now reportedly considering pursuing a dual-pronged strategy of diplomacy with Saudi Arabia and sanctions on Russia.



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