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Saudi Arabia has almost one-fifth of the world’s proven oil reserves and ranks as the largest producer and exporter of oil in the world.
- same as previous link
Russia, which also holds the world’s largest natural gas reserves and the second-largest coal reserves, is the second biggest oil supplier in the world after Saudi Arabia.
The Impact of Western Sanctions on The Russian Oil Sector
restrictions were directed against one of the most important areas of the Russian economy: the oil industry.
They areSaudi Aramco, Russia’s Gazprom,CNPC of China, NIOC of Iran, Venezuela’s PDVSA, Brazil’s Petrobras and Petronas of Malaysia.
originally posted by: ultimatewarrior
Russia isn't reliant on oil.
originally posted by: GodEmperor
a reply to: Greggers
Read the article, it was interesting, albeit filled with inaccuracies.
America is not a 'liberal democracy', and a new cold war is not the answer.
originally posted by: Azureblue
a reply to: nOraKat
Now I have an explanation as to why 1. VENEZUELA has had 'internal troubles' in recent times. Time to install a more favourable govt ya reckon?