4min chapter

Ones and Tooze cover image

How Rising Oil Prices Will Change the World as We Know It

Ones and Tooze

CHAPTER

Is Soudy the Key to This?

Soudy arabia is really the only country with significant spare capacity to produce more of this crude oil, in the short term at least. Soudy relations right now are precariously balanced. China would probably want an increase in in oil, but bu isn't going to exert undue pressure n on soudy to help the west out there. And so far as china remains broadly speaking, neutral, i think soudy will think, you know, that that's probably the position to adopt themselves.

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