OIL WAR BETWEEN RUSSIA AND SAUDI BEGIN DESPITE PRICES CRASHING BY 25%

Highlights:

• Russia has begun what may turn out to be the biggest oil price wars in recent history against Saudi Arabia.
• Amid the face-off between the two major natural oil superpowers, American and Asian oil companies may end up suffering major impacts.

On Sunday, Russian President Vladimir Putin announced that the present oil prices were sustainable for their eco....