International Politics

Oil, foreign policy and handguns in Moscow. Expectations about a possible Middle Eastern war are preoccupying the Russian oil and gas market. This is not unreasonable. After all, Russian oil companies have been deeply involved in the UN’s oil-for-food program in Iraq. They account for at least 35% of Iraqi oil exports. Iraq’s $7-billion debt to Russia, is a large piece of cake that many “mice” are looking for in Moscow. Still, despite all the talk about Russian inroads into the U.S. oil market, Moscow’s mood remains gloomy.

Log in to view this article.

Not yet a subscriber?  Find out more and subscribe today! 

Already a subscriber but don’t have an online account? Contact our customer service.



*Access will be granted the next business day.