Russia Archive

Saudi Arabia’s decision to launch a price war in oil markets earlier this month could not have been more poorly timed, coming amid plummeting global demand for oil due to the COVID-19 pandemic. The Saudi announcement sunk oil prices to an 18-year low, near $20 per barrel, after five years at more than double that price, putting further downward pressure on already troubled financial markets. Saudi Arabia had gambled that by flooding the market and pushing down prices, it could punish Russia for refusing to cut its output, while recouping market share that had been ceded to U.S. shale oil […]

One of the enduring mysteries in the U.S. federal court case against Yevgeny Prigozhin, the Russian oligarch charged for his alleged involvement in the Kremlin-orchestrated campaign to interfere in America’s 2016 presidential elections, is Prigozhin’s decision to respond to the charges at all. Since Russian law prohibits the extradition of its citizens when they are accused of crimes committed abroad, Prigozhin, a St. Petersburg restaurateur close to President Vladimir Putin, had little reason to fear the long arm of U.S. law. Indeed, given his Kremlin ties, Prigozhin would have been well within his rights to believe that his friends in […]

With the global economy already teetering as the result of the coronavirus outbreak that is now officially a pandemic, Saudi Arabia’s young and powerful crown prince, Mohammed bin Salman, has risked pushing the world into recession by firing a shot directly into the oil markets. It was a trademark move by the prince, known as MBS, who has shown he can be brazen and ruthless—and occasionally self-destructive—when he’s determined to get his way. On Sunday night, MBS announced that Saudi Arabia would sharply increase its oil output despite a steep decline in global demand. It was precisely the opposite of […]

For most close observers, it has long seemed only a matter of time before the long, bloody proxy war between Turkey and Russia for regional predominance in the Middle East would break out into full-scale direct hostilities. That came closer to happening last week, when Russian-backed Syrian forces attacked a Turkish military outpost in Idlib province, leaving more than 30 Turkish soldiers dead. However, few observers would have predicted the utter impotence of Turkey’s ostensible military partners in NATO in the face of what is arguably the gravest threat to the future of the alliance since the Russian annexation of […]

In this week’s editors’ discussion on Trend Lines, WPR’s Judah Grunstein and Elliot Waldman talk about Turkish President Recep Tayyip Erdogan’s escalating military confrontation with the Russian-backed forces of President Bashar al-Assad in Syria, and how Erdogan’s decision to wade into the Syrian conflict is coming back to haunt him. They also discuss the refugee crisis that erupted this week along Greece’s border with Turkey, and its echoes of the 2015 European migrant crisis. If you like what you hear on Trend Lines and what you’ve read on WPR, you can sign up for our free newsletter to get our […]

The U.S. military recently confirmed that it has fielded controversial low-yield nuclear warheads on certain submarine-launched ballistic missiles. Plans for the new warhead were included in President Donald Trump’s 2018 nuclear posture review, and its explosive yield is roughly a third of the bomb that was dropped on Hiroshima during World War II. Trump administration officials argue that the new warhead will serve as a deterrent for Russia’s so-called tactical nuclear weapons, but experts fear that the prevalence of these low-yield nuclear weapons will make an eventual conflict more likely. The news of their deployment comes amid broader scrutiny of […]