The age of fossil fuels is coming to an end too. What the eff are Russians gonna contribute to the global economy in 30 years when the sh1t they scratch out of the ground isn't worth nearly as much as it is now and is only decreasing in value? They are so done.
It's been nearly 50 years since Russians were at their peak power. Historically many empires and such have gone from being great powers to being very weak and unstable, 50 years later. Shyte, the Byzantines did it over and over again. They would recapture a lot of territory with a competent ruler, then some incompetent ruler would replace a competent one after he died or their was a civil war or a string of incompetent leaders would follow a competent emperor and whatever gains were achieved by competence would all be squandered by incompetence. This played out like this for many, many centuries.
If oil came from fossil fuels, we would have run out years ago,
Oil comes from the Earth. The research has been done on this.