The USSR became rich (?) as a result of oil prices rising in the 70s, during the so called 'oil shocks.' With the end of these 'oil shocks' the USSR found itself into financial trouble, resulting with it's complete break up in the late 80's, early 90s. This much we know.
But I read on the internet once (what do you believe?), that a former Premier of one of these USSR's countries happened to read an article in the Kremlin's archieves, that the invasion of Aphganistan by the USSR was a deliberate ploy to force up POO. This invasion allowed the breakup to be delayed by some 10years.
So yes, the POO will spike if this escalation is progressed. Europe will find itself in trouble if Russia turns off the gas (luckily the worst of winter is nearly over), but Russia will need to find a buyer for it's gas. (China)??
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