Riyadh avenging Moscow’s backing of nemeses Assad, Iran
WASHINGTON – Saudi Arabia is extending its own international jihad not only through its export of Wahhabism, an extreme form of Sunni Islam.
The Islamic kingdom is now going after Russia, a main backer of the kingdom’s sectarian opponent, Shiite Iran, by targeting its oil production clout to adversely impact the Russian economy.
Sources say the United States might even be colluding with Saudi Arabia to cause a dramatic drop in the international oil price in an effort to punish Russia not only for its support of rebels in Ukraine but for its backing of embattled Syrian President Bashar al-Assad as well as Iran.
The Saudi strategy is to flood the international market to harm the economies of Russia and Iran, both of which need the international price to be above $100 a barrel to break even. The price of oil today is less than $50 a barrel. Continue reading