EXCLUSIVE: Saudis launched oil price war after 'MBS shouting match with Putin' | WHAT REALLY HAPPENED

EXCLUSIVE: Saudis launched oil price war after 'MBS shouting match with Putin'

A telephone call last month between Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman degenerated into a shouting match just before Riyadh decided to flood the market with oil in a move which sent prices spiralling.

Saudi officials with knowledge of the disastrous call told Middle East Eye that the row threatened to undo months of detente between the two countries, in which a significant arms trade was also agreed.

The call took place just before an Opec+ meeting on 6 March, in which major oil producers failed to agree a deal on cutting production despite falling global demand as a consequence of the coronavirus pandemic.

“Just before that meeting there was a call between Putin and MBS. MBS was very aggressive and gave an ultimatum. He threatened that if there is no agreement, Saudi would start a price war.

"The conversation was very personal. They shouted at each other. Putin refused the ultimatum and the call ended badly,” the Saudi official said, speaking on condition of anonymity.

Webmaster's Commentary: 

It is most unfortunate, that one of President Trump's BFFs in the Middle East, his most murderous Royal Highness Mohammed Bin Salman, still has no clue about to whom he is speaking, when he speaks to Russia's Putin; perhaps future economic collapse in Saudi Arabia, might well teach the gentlemen a lesson in restraint, but I sincerely doubt that this will happen, until, most probably, the entire Saudi family has to run for its life from the ruin it has visited upon its native country.

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