Oil's Swift Fall Raises Fortunes of U.S. Abroad

Falling Oil Prices Knocking Down America's Biggest Opponents
The price of regular unleaded and diesel fuels are displayed on a sign at a Sunoco Inc. gas station in Rockbridge, Ohio, U.S., on Wednesday, Dec. 17, 2014. Retail gasoline prices have fallen about 24% this year, yet crude oil and wholesale gasoline price declines have been more profound, highlighting an inconsistent relationship. Photographer: Ty Wright/Bloomberg via Getty Images
The price of regular unleaded and diesel fuels are displayed on a sign at a Sunoco Inc. gas station in Rockbridge, Ohio, U.S., on Wednesday, Dec. 17, 2014. Retail gasoline prices have fallen about 24% this year, yet crude oil and wholesale gasoline price declines have been more profound, highlighting an inconsistent relationship. Photographer: Ty Wright/Bloomberg via Getty Images

A plunge in oil prices has sent tremors through the global political and economic order, setting off an abrupt shift in fortunes that has bolstered the interests of the United States and pushed several big oil-exporting nations — particularly those hostile to the West, like Russia, Iran and Venezuela — to the brink of financial crisis.

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