June 20, 2004
Pernicious Oil
Posted by Gordon Smith

With Iraq, Saudi Arabia, and Presidential politics dominating headlines, the trial of Russian entrepreneur Mikhail B. Khodorkovsky is being pushed to the second page. Even if Michael Moore's claims about Bush are overblown -- and they almost certainly are, although I am going only on press reports here -- all of these stories have one thing in common: oil.

The Khodorkovsky story has become wrapped up in the larger story of the ambiguity about Putin's real end game. From the West, it looks bleak. And it may be getting bleaker. But is there any doubt that the U.S. and the E.U. would be more demanding of Putin, but for Russia's oil exports?

Globalization/Trade | Bookmark

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