![Russia and Saudi Arabia’s price war over oil – Here’s what you need to know](/content/images/size/w720/wp-content/uploads/2020/03/saudi-arabia-russia-oil-price-war-us.jpg)
Russia and Saudi Arabia’s price war over oil – Here’s what you need to know
Due to a price war between Russia and Saudi Arabia, the price of oil has hit a 17-year low in the midst of the COVID-19 pandemic.
As a member of the Organization of the Petroleum Exporting Countries (OPEC) and the second largest oil producer in the world, Saudi Arabia’s