Putin Is Putting OPEC’s Patience To The Test

Russia has so far been able to maintain its relationship with the Organisation of Petroleum Exporting Countries (OPEC) and certain other oil and gas powers, mainly in the East. However, over a year into the conflict, Putin appears to be gradually fracturing his relations with Saudi Arabia and other OPEC members. Over the last year, Russia has been developing energy relations with powers that are open to its cheap oil and gas, after having strict sanctions imposed on its energy sector by the U.S. and Europe. It has succeeded in attracting the huge…