qinbafrank
qinbafrank|Aug 04, 2025 06:57
Saudi Arabia has spared no effort in leading OPEC (Russia is also a member of OPEC+) to increase production this year, and I remember they have already increased production several times in a row. It is ostensibly to grab the market, but in fact, it is hard not to think that it is to cooperate with Trump to suppress Russia, and then maintain low oil prices to hedge the impact of tariffs on inflation.
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