Putin’s decision to pull out from Syria could lead to an OPEC deal


king salam , putinRussian President Vladimir Putin on Monday ordered the start of the withdrawal of Moscow’s forces from Syria in a shock move, as fresh peace talks began in Geneva.

“The task that was set before our defense ministry and armed forces has as a whole been completed and so I order the defense ministry to from tomorrow start the withdrawal of the main part of our military contingents from the Syrian Arab Republic,” Putin told Defense Minister Sergei Shoigu in televised comments.

Putin’s move shocked the world community and resulted in a lot of speculation.

But according to analysts Putin’s move is more economical than political.

Russia’s economy which is heavily dependent on oil exports is in an extremely bad shape and as long as oil prices remain depressed the economy will deteriorate further .

Russian media reported last month that Saudi king Salam Bin Abdul Aziz was planning to visit Moscow around the middle of March. Saudi media at the time denied the Russian media reports

Analysts are of the opinion that Putin’s move is linked to King’s Salman’s ‘s visit .

“There is no way the Saudi king will visit Moscow while Russia is engaged in supporting the Syrian regime”, one analyst told Ya Libnan pointing out that Russia was mainly targeting the Saudi Backed rebels in Syria

The visit by King Salam is expected to result in an agreement that will pave the way for an OPEC deal , which could send oil prices skyrocketing sooner rather than later. Russia is not a member of OPEC but being one of the largest producers it has been always coordinating its export activity with OPEC (Organization of the Petroleum Exporting Countries).



5 responses to “Putin’s decision to pull out from Syria could lead to an OPEC deal”

  1. Reasonableman Avatar

    The ruskies actually did fulfill part of their mission which was just muscle flexing towards america and preserving their interests in the middle east at the cost of it’s own economy.
    Yes the economy is bad but don’t expect a meat head to make decisions based only on economy, because you need to think also of their interests.

    – The 22 nations currently in saudi arabia is no easy peazy, it will drag russias economy to the gutters and all the money they spent flexing the superiority is lost.

    – They had realised that no matter what the result at americas polls, their foes reputation has a long way down before coming back up again.

    – the treaty has held and now is a good time to pull out and take the high ground before 22 nations come and it’s too late for russians to pullout otherwise look like cowards

    – the pullout meansthey remain looking at the battle from afar while turning back to diplomatic issues.

  2. MekensehParty Avatar

    This is very true, the oil flooding was a simple chicken game
    who has deeper coffers to live through it and Putin had to pay for every day of his Syrian intervention what the arabs combined spend in a month. Not counting his other adventures that chocked the Russian economy into recession.
    He has been trying to convince Iran to get on board on a production cap and the Iranians said “leave us alone” literally.
    So Abu Ali Putin packed from Syria and went home
    “Mission Accomplished!” lol

    1. 5thDrawer Avatar

      The ‘Market Gamblers’ will be in their glory once again … the environmentalists will starve.
      And the Venezuelans will be carting their oil down the mountains in wheelbarrows.
      In Canada, the ‘Newfies’ may return to Alberta, since the fishing was gone anyway. ‘Housing Markets’ will do flip-flops once again … and the folks with gas coming out of their water-taps will be bottling it.
      No wonder the Cocaine Market is always booming ….
      Global Warming?? The rise in Cancer rates has everyone saying ‘Who Cares?’.
      Monsanto supplies Chemo ahead of it all … evolve or go down.

      1. MekensehParty Avatar


  3. 5thDrawer Avatar

    Damn .. was thinking about driving a car again for a vacation. The bastards. !!

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