Its not about destroying or hobbling a country's economy, its about destroying or hobbling a country's oil industry and the Saudis can totally wreck the russian's oil industry and the Ruskies know it
The Saudis are sick of the world cheating on their Opec commitments (Ruskies in particular) with Saudi basically having to carry the can, so they are showing who, in the oil industry anyway, is boss.
hedging, page-93
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