RE: Oil price17 Feb 2022 18:36
As an Ex forces as well as Ex Oil Industry it's a strange time.
Russia needs Oil to be above $88. What better way than to saber rattle, even better against the EU. There is no OPEC involvement in fact it benefits OPEC and OPEC Plus in many ways. But it also ties the hands of Germany who may have to depend on the Nord 2 pipeline greatly in the not too near future. This is a card the Putin knows he holds, one of the others he holds is Germany's past history.
So the biggest EU power house is gagged.
Covid,... Now a possible war in Europe where Europe keeps its safety on?
Just like Echo there seems to be the need of a distraction to keep our attention away from what really matters.
Just a thought