How Falling Oil Prices Are Reshaping Geopolitical Alliances

from Geopolitics and Markets with Fexingo: Wars, Sanctions, and Economic Consequences · host Fexingo

Episode 41 of Geopolitics and Markets explores how the recent 5% drop in crude oil prices to $88 per barrel is straining petrostate budgets and shifting diplomatic leverage. Lucas and Luna examine Venezuela's collapsing output, Russia's discounted crude deals with China, and what the oil price decline means for US sanctions policy. With Brent below $92 and West Texas Intermediate at $88, the hosts unpack how lower revenues are forcing difficult choices in Moscow and Caracas, while creating openings for Washington. A specific look at the numbers behind the headlines — without the hot takes. #OilPrices #CrudeOil #Geopolitics #Sanctions #Venezuela #Russia #China #OPEC #EnergyMarkets #USForeignPolicy #BrentCrude #WTICrude #Petrostate #SupplyChains #FexingoBusiness #BusinessPodcast #Economics #GlobalTrade Keep every episode free: buymeacoffee.com/fexingo

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This episode was published on June 9, 2026.

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