Saudi oil war: ‘The beauty is you can blame it on the Russians’

As featured in The Financial Times

Saudi Arabia


“We’re in a three-way Mexican stand-off with three big players in the room all saying, ‘if you screw that guy over there, you are screwing me over, so I’m going to screw you over,’” said Michael Stephens, an associate fellow at the Royal United Services Institute. “It’s a strange triangular discussion from which no side wants to back down and all are going to feel the pain.”