Well I always said, “What are the Arab states and others going to do if oil became cheap again or there were other sources to draw from”?
All this time with money coming in and many nations/Kingdoms/dictatorships have done nothing to develop their nations falling 100% onto the oil for revenue. You can’t eat oil last I heard.
If It stays down I am guessing we will see if Iran has a nuke real soon. Vlad will push that along if the Russian natives get restless.
Saudi Arabia won’t have any problems. But Iran will, along with Russia and a few other oil producers ... :-) ...