How Russia Could Kickstart Another Oil Price War

Russia’s President Vladimir Putin is starting to feel the heat of new U.S. sanctions, as Washington is putting some additional bite into its confrontation with Moscow.

At the same time, new sanctions or even a full-out (proxy) confrontation are looming on the horizon, looking at the tensions at the Russian-Ukrainian border. Putin’s reactions are straightforward, threatening asymmetric responses to any Western pressure or military interference in the coming months.