The expert spoke about US plans for the global oil market

The US plans to return world oil markets to the state of the 1980s, when the Soviet Union suffered due to the low cost of „black gold”, Biden’s visit to the Middle East may contribute to this. This was told to RIA Novosti by Russian political scientist Andrei Suzdaltsev.


According to the expert, the visit by the American leader to the Middle Eastern states is aimed at ensuring Biden’s victory in the midterm congressional elections. In addition, the White House, having agreed with Saudi Arabia, can return the world oil market to 30 years ago, which will have a detrimental effect on the Russian economy.

Suzdaltsev recalled that the Saudi state is the largest supplier of „black gold”. In the late 1980s, the United States and Saudi Arabia lowered oil prices, which led to a crisis in the oil-hungry Soviet Union. The expert believes that Washington intends to repeat this situation.
The political scientist stressed that the implementation of such a plan in life faces two problems. First, the enemy in the Middle East in the form of Russia, which is welcomed by the countries of the region. „Even Russia’s opponents appreciate that Russia does not abandon its allies, and this is very important for the Arab world,” adds Suzdaltsev.

Secondly, the conflict between Shiite Iran and Sunni Saudi Arabia also affects the situation in the region. The United States faces a serious choice here, since it is impossible to maintain friendly relations with both powers, and Iranian energy resources are now urgently needed for Western countries, the expert concludes.

Steve Walker

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