Expert Panina commented on the decision of Saudi Arabia to raise oil prices for Europe

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March 6 – BLiTZ. Elena Panina, politician, head of the Institute for International Political and Economic Strategies (RUSSTRAT), on the pages of her telegram channel, predicted a catastrophic increase in oil prices in Europe.

Bloomberg reported that Riyadh intends to raise oil prices for European countries by $1.30.

Saudi Arabia’s decision will be immediately followed by Iraq and Kuwait. As Elena Panina writes, this is clearly not the limit: “traders expect a price tag of $100 per barrel in the coming months.”

Analyst Demidov says Russia’s unwitting trick in the oil market made the West suffer February 28, 2023 at 13:53

The demand for oil is growing by leaps and bounds. The Middle East, according to the political scientist, is not going to be guided by the wishes of “white gentlemen.” Persian Gulf Monarchies Won’t Pay for “Western Stupidity” with a Price Ceiling for Russian Oil

Europe will not wait for a “reliable” partner in the face of the United States. Shale oil production is too slow in the country.

Elena Panina wonders: “How quickly will joyful references to “getting rid of dependence” on oil from Russia disappear from the speeches of European politicians?”

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