RE: Oil as a geopolitical weapon!
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Oil has long been a weapon.
Oil Shock of 1973-74
October 1973-January 1974
From the vantage point of policymakers in the Federal Reserve, an oil embargo by Arab producers against the U.S. further complicated the macroeconomic environment of the early 1970s.
https://www.federalreservehistory.org/essays/oil-shock-of-1973-74
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Russia is already in trouble with embargo and cheap oil.
Now they face even bigger problems and China too.
https://www.reddit.com/r/wikifolio/comments/1pssify/nur_noch_40_dollar_pro_barrel_%C3%B6lcrash_trifft/