Eurasia Group's Robert Johnston
says Russia will not back down easily in its oil standoff with Saudi Arabia, as it has been “wanting to go after US shale for a long time.” He adds that inflation due to a weak ruble could be a “significant political risk even for someone as well-entrenched as Putin."
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Robert Johnston leads the firm's Energy, Climate & Resources (ECR) practice and works closely with corporate and institutional investor clients in the oil and gas, mining, electric power, and clean tech sectors.