Saudi Arabia has made the biggest drop in oil prices in two years — it has reduced the price of its main oil grade, Arab Light, to $2.30 per barrel for Asian customers. According to Bloomberg, this decision came just a few days after OPEC+ decided to increase oil production by 400,000 barrels per day more sharply than expected. In addition, “Trump’s tariffs” have also dealt a serious blow to world oil prices — oil prices have fallen by $10 in one day: from $75 to $65 per barrel. This is the lowest level in three years. For Russia, whose...