1913 Intel

International Conflict, Western World Threats and Geopolitical Intelligence

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3 Oil-Rich Countries Face a Reckoning

Posted by Matt in October 22nd, 2008 | no comment 
Published in Iran, Oil, Russia, Venezuela, , , , , , , , , , , , , ,

As the price of oil roared to ever higher levels in recent years, the leaders of Venezuela, Iran and Russia muscled their way onto the world stage, using checkbook diplomacy and, on occasion, intimidation.
Now, plummeting oil prices are raising questions about whether the countries can sustain their spending — and their bids to [...]

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