The price war in oil escalates as both Russia and Saudi Arabia threaten to boost output

Business Insider

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· *Russia and Saudi Arabia are prepping for a lengthy oil-price war after OPEC+ negotiations fell through and sparked an all-out sprint for market share.*
· *Saudi Arabia escalated the conflict on Tuesday, boosting production plans to a record 12.3 million barrels per day starting April 1.*
· *Russia fired back within...

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