Jackson Diehl, Washington Post: Falling oil prices hit Venezuela, Iran and Russia hard
WNU Editor: I am not complaining .... I heat using oil, and I am banking about $250/delivery when compared to last year. But there are geopolitical consequences, and we are seeing that fallout from countries like Russia, Iran, and Venezuela.
More News On The Impact Of Falling Oil Prices
Russia Braces for Widening Deficit as Oil Plunge Starves Budget -- Bloomberg
Moody's downgrades Russia amid oil slide -- Deutsche Welle
Iran sees no OPEC shift toward a cut, says oil industry could withstand $25 crude -- Reuters
Iran Sees ‘No Threat’ from Oil at $25 If Prices Keep Tumbling -- Bloomberg
Iran Blames Oil-Price Plunge for Delay in Saudi Visit -- Bloomberg
Former Saudi oil boss says it can cope with low price. -- BBC
Saudi Arabia can last eight years on low oil prices, says former adviser -- The Guardian
Oil price rout forces Venezuela to rethink petro-diplomacy -- Financial Times
Venezuela, Kuwait assess strategies to increase oil prices -- El Universal
Low Oil Prices Force OPEC Members To Rethink 2015 Budgets -- OilPrice.com
Plunging oil prices hit U.S. offshore drillers -- CBS
World’s Largest Traders Use Offshore Supertankers to Store Oil -- WSJ
Winners and losers in oil's plunge -- Chris Isidore, CNN
Charts: $26 oil unlikely but possible -- Daryl Guppy, CNBC
As oil prices plunge the politics are pivotal -- Michael Levi, Financial Times
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