The oil price war will turn into a debt warVisits : 127

The oil price war will turn into a debt war

In wars of attrition, the winner is not the one with sweeping power but the one with the greatest ability to bear the damage, and the current price war in the oil market does not differ much.

Oil fell to the lowest level since the Gulf War in 1991 last week, falling by 31% in a matter of seconds, after the meeting of the group of oil exporting countries and its allies ended in a dispute, and Saudi Arabia reduced crude prices and promised an increase in production.