The big losers from falling oil prices include several countries that are not friends of the US and its allies, such as Venezuela, Iran, and Russia.
The geopolitical impact of cheap oil
www.kinibiz.com
The price of oil has fallen more than 25% in the past five months, to less than US$ 80 a barrel. If the price remains at this level, it will have important implications – some good, some bad – for many countries around the world. If it falls further, as seems likely, the geopolitical consequences on…
