THE SAUDI OIL WAR AGAINST RUSSIA, IRAN AND THE US (STA BREAKING NEWS and ARCHIVES)

by STANews , Wednesday, October 15, 2014, 22:09

<THE REAL REASON, NO GLUT>

Saudi Arabia has unleashed an economic war against selected oil producers. The strategy masks the House of Saud’s real agenda. But will it work?

Rosneft Vice President Mikhail Leontyev; “Prices can be manipulative…Saudi Arabia has begun making big discounts on oil. This is political manipulation, and Saudi Arabia is being manipulated, which could end badly.”

A correction is in order; the Saudis are not being manipulated. What the House of Saud is launching is “Tomahawks of spin,” insisting they’re OK with oil at $90 a barrel; also at $80 for the next two years; and even at $50 to $60 for Asian and North American clients.

MORE...

http://rt.com/op-edge/196148-saudiarabia-oil-russia-economic-confrontation/