Opinion

Former Ambassador Jon Huntsman Jr. says Russia 'shaking in their boots' as oil prices tank

Russia is "shaking in their boots" as oil prices continue to plunge, Utah Republican gubernatorial candidate and former U.S. Ambassador Jon Huntsman Jr. stated Tuesday.

Triggered by the multiplying threat of coronavirus, oil prices fell 30 percent at the start of the week, the largest one-time drop since the 1991 Gulf War.

In an interview on "Fox & Friends" with host Brian Kilmeade, Huntsman said Russia and President Vladimir Putin are concerned about the United States taking more of their market share but they love that America is suffering because of the oil price drop.

"They want to see us divided. They want to drive a wedge into our politics," Huntsman said.

"But, I've always argued," he told Kilmeade, "that the greatest weapon we have against the Russians is our ability to be energy self-sufficient."