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Russia is rich in oil, why not as rich as Saudi Arabia?
This is because the relationship between Russia and western countries is very tense, so many western countries will never choose to import Russian oil. In addition, the cost of oil exploration in Saudi Arabia is much lower than that in Russia, which also makes Russia earn low profits. Once the international oil price drops seriously, it will greatly hinder Russia's oil export.

Saudi Arabia and Russia are both important oil exporters in the world. Both countries mainly export oil, and their economic structures are relatively simple. Neither country has a complete light industry system to support the national economic development, which also makes them have to rely on oil exports to earn foreign exchange. Of course, Russia's heavy industry is really excellent, which also makes Russia's heavy industry and military industry have made great progress and development.

However, we also see that Russia has been severely sanctioned by the United States and European countries, which has also caused a serious decline in the Russian economy. At present, the domestic inflation problem in Russia is very serious. If the domestic economic problems are not solved in time, it will cause serious problems to Russia's economic development. In addition, the cost of oil exploitation in Russia is much higher than that in other countries, which also leads Russia to rely on the rise of international oil prices to develop its domestic economy.

Saudi Arabia's oil exploitation cost is very low, even if the international oil price falls to a very low level, it will make Saudi Arabia profitable, which can be said to be Saudi Arabia's natural advantage. In addition, Saudi Arabia has a very close relationship with western countries. Saudi Arabia buys a lot of American military equipment every year, which also makes Saudi Arabia not subject to economic sanctions from the United States.