Vladimir Putin, a man who incontestably sits at the helm of the Russian state, has been held aloft for the last decade by rising oil and gas prices. With them came the promise of stability and economic growth. But a drop in gas and oil prices foreshadow hard times ahead for the Russian president, and potentially Russia's reputation as an “energy superpower”.
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Gas Prices and Putin's Day of Jugement
Vladimir Putin, a man who incontestably sits at the helm of the Russian state, has been held aloft for the last decade by rising oil and gas prices. With them came the promise of stability and economic growth. But a drop in gas and oil prices foreshadow hard times ahead for the Russian president, and potentially Russia's reputation as an “energy superpower”.