U.S. Intervention in the Saudi-Russian Oil Price War

Posted on AllSides March 25th, 2020

This Abridge News topic aggregates four unique arguments on different sides of the debate. Here are the quick facts to get you started:

THE QUICK FACTS

  • Saudi Arabia and Russia are locked in an oil price war that has dropped the price of crude oil from about $45/barrel to about $23/barrel. With the American shale oil industry in peril, many now look to the United States to intervene.
  • On March 6th, Russia refused to comply with an OPEC+ decision to limit the supply of oil in response to falling Chinese
  • ...
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