It's also interesting to know that Russia could not maintain its production of oil at last year's market price, due to the lack of investment (it had simply bec

It's also interesting to know that Russia could not maintain its production of oil at last year's market price, due to the lack of investment (it had simply become unprofitable). https://ogst.ifpenergiesnouvelles.fr/articles/ogst/full_html/2019/01/ogst190118/ogst190118.html https://ogst.ifpenergiesnouvelles.fr/articles/ogst/full_html... The war may force Russia to sell their oil to non-Western countries but the crisis helped support oil price and made global investments in O&G profitable for them again (and for every other producers too). Just like with the war in Iraq - which explains why Putin did not oppose the US invasion for long after they realized it would bring enormous profits to Russia.