June 06, 2022

A Most Important Import


A Most Important Import
A royal agreement from the Arabian kingdom. Wikimedia commons Suresh Babunair

Saudi Arabia has agreed to increase their production of oil if Russian oil production sees a dramatic decline due to sanctions.

The White House has been pressuring Saudi Arabia to increase its oil production since the beginning of the war, but the kingdom has so far resisted. Global oil prices have increased to $120 a barrel; for reference, on February 22, 2022, just before the conflict began, oil cost a little over $93.

Prior to the invasion of Ukraine, Russia produced 10 percent of the world's oil. Now the OPEC nations have agreed to increase their oil production by 50% during July and August, which could wean the world off Russian oil even more in coming months.

With the European Union adopting another sanctions package that includes a ban on the import of non-pipeline oil from Russia, it is eager to find other major sources of oil. Sanctions to date have certainly affected the Russian oil sector, but until there was some measure of a worldwide shortage, Saudi Arabia had no plans of increasing its production.

 

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Some of our Books

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Jews in Service to the Tsar

Benjamin Disraeli advised, “Read no history: nothing but biography, for that is life without theory.” With Jews in Service to the Tsar, Lev Berdnikov offers us 28 biographies spanning five centuries of Russian Jewish history, and each portrait opens a new window onto the history of Eastern Europe’s Jews, illuminating dark corners and challenging widely-held conceptions about the role of Jews in Russian history.

The Little Humpbacked Horse
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A beloved Russian classic about a resourceful Russian peasant, Vanya, and his miracle-working horse, who together undergo various trials, exploits and adventures at the whim of a laughable tsar, told in rich, narrative poetry.

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Stargorod: A Novel in Many Voices

Stargorod is a mid-sized provincial city that exists only in Russian metaphorical space. It has its roots in Gogol, and Ilf and Petrov, and is a place far from Moscow, but close to Russian hearts. It is a place of mystery and normality, of provincial innocence and Black Earth wisdom. Strange, inexplicable things happen in Stargorod. So do good things. And bad things. A lot like life everywhere, one might say. Only with a heavy dose of vodka, longing and mystery.

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The Samovar Murders

The murder of a poet is always more than a murder. When a famous writer is brutally stabbed on the campus of Moscow’s Lumumba University, the son of a recently deposed African president confesses, and the case assumes political implications that no one wants any part of.

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This is the work that made Chekhov, launching his career as a writer and playwright of national and international renown. Retranslated and updated, this new bilingual edition is a super way to improve your Russian.

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