Commentary
Democratic Security
Economic Security
Europe Without Orbán – No More Veto Excuses
13 April 2026
6 December 2024
Saudi Arabia’s oil ambitions and Donald Trump’s policies could reshape global energy markets, destabilise Russia’s economy and give Central Europe a financial boost.
Oil is one of the most important commodities in the global economy. It shapes international trade and drives geopolitical strategies. Changes in oil prices have consistently influenced history, from economic crises to shifts in political power.

Today, Saudi Arabia’s decision to increase oil production signals a potential shake-up in global markets. For oil-exporting nations like Russia, this could mean budget shortfalls and economic strain. Meanwhile, oil-importing countries, particularly in Central Europe, may see opportunities to reduce costs and diversify supply chains.
Moreover, Russia could encounter challenges similar to those faced by the Soviet Union in the 1980s, during its war on Afghanistan and the cut in oil prices. The financial impact then forced the Soviet Union to cut spending, weakened its currency and, some argue, contributed to its eventual collapse.