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Russia could be the biggest casualty of falling oil prices

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An oil worker walks by an oil pump during a sandstorm that blew in on Thursday, Jan. 8, 2015, in the desert oil fields of Sakhir, Bahrain.
An oil worker walks by an oil pump during a sandstorm that blew in on Thursday, Jan. 8, 2015, in the desert oil fields of Sakhir, Bahrain.
World oil supply and demand

With global oil prices showing no signs of strengthening anytime soon, the Kremlin needs to come up with a new plan for the Russian energy sector that takes into account both sanctions and a new era of cheaper energy.


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