![Crude Oil Plunges By 30% After Saudi Arabia Launches Price War With Russia, May Help India Reduce Import Cost Crude Oil Plunges By 30% After Saudi Arabia Launches Price War With Russia, May Help India Reduce Import Cost](https://thelogicalindian.com/h-upload/2020/03/09/500x300_169571-oilweb.jpg)
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Crude Oil Plunges By 30% After Saudi Arabia Launches Price War With Russia, May Help India Reduce...
Crude oil prices plunged by as much as 30 per cent on Monday, after Saudi Arabia slashed its oil export prices and declared a price war with Russia. This is the biggest fall in oil prices after the 1991 Gulf War and has sent the global markets into a tailspin.Both global concerns, however, could...