Sir Roderic Lyne: the crunch is coming for Putin

We had a very interesting conversation with Sir Roderic Lyne, former UK Ambassador to Russia (2000-2004), on what the future holds for Putin and Russia.

In his view, low gas prices and the likelihood of world over-supply of oil (due to large new discoveries of shale and offshore gas, particularly in the US and Canada) are a real threat to Russia’s prospects and Putin’s hold on power. As he says, “the crunch probably won’t be next year, but it’s on the way”.

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