Russia's reason for supporting instability in Persian Gulf
There is a simple reason why Russia has supported Iran's nuclear ambitions and doesn't desire stability in the Persian Gulf. OIL!
...Russia is currently extracting more oil than Saudi Arabia, making it the biggest producer of “black gold” in the world, the British Financial Times reported on Wednesday, Aug. 23.
9/30/2006 Update: Russian Energy Companies Information
...Russia is currently extracting more oil than Saudi Arabia, making it the biggest producer of “black gold” in the world, the British Financial Times reported on Wednesday, Aug. 23.
9/30/2006 Update: Russian Energy Companies Information
- Lukoil (LUKOY)Business Summary
- Rosneft Oil
posted by liontooth.com at 11:31 AM
1 Comments:
Interesting. I had read recently about Russia being behind much of the instability in the mideast, but none of my sources tied it to Russian oil.
Seems oddly shortsighted to me, especially since they've suffered from terrorism worse than many.
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