Russia's economy 'stinks,' Trump says, and lower oil prices will stop its war machine
CNBC Television·2025-08-05 20:01
Energy Market Analysis - Energy price for cars is down to $220 per gallon [1] - Crude oil price is around $65 per barrel and decreasing [1] - OPEC and OPEC plus are increasing drilling activities [1] Geopolitical Impact - Lower energy prices could potentially influence Putin to cease hostilities [1][2] - A further $10 decrease in oil prices per barrel could significantly impact Russia's economy [2]