This is extremely rancid geopolitics on the Saudis’ and Russians’ part. The former are cynical, intent on raising the price of oil and increasing revenue. They‘re also a political ingrate in their relationship with the United States. With the Russians, it‘s all about creating discord between the United States and European Union in the hope that the EU will pressure Ukraine into accepting annexations by Russia and achieve a cease-fire.
The United States and the EU must now realize a strategic fact of life: They have no ally in OPEC.