Oil realities in 2018 Donald Trump has Tweeted about a phone call to Saudi Arabia’s King Salman where the elderly monarch is said to have agreed to increase the production of oil to 2 million barrels per day so as to lower fuel prices in the United States, the world’s second largest energy consumer. https://twitter.com/realDonaldTrump/status/1013023608040513537…
Few phobias run deeper in Europe than the fear and hatred of Turks. For at least six hundred years, Europe was locked in innumerable wars with first Seljuk, then Ottoman Turks. My big St Bernard is a descendant of dogs bred to attack Arab and Turkish raiders coming over Switzerland’s St Bernard Pass. Today, by…
History may have registered stranger geoeconomic bedfellows. But in the current OPEC-plus world, the rules of the game are now de facto controlled by OPEC powerhouse Saudi Arabia in concert with non-OPEC Russia. Russia may even join OPEC as an associate member. There’s a key clause in the bilateral Riyadh-Moscow agreement stipulating that joint interventions…
Among the ruling interests in the US, one interest even more powerful than the Israel Lobby—the Deep State of the military/security complex— there is enormous fear that an uncontrollable President Trump at the upcoming Putin/Trump summit will make an agreement that will bring to an end the demonizing of Russia that serves to protect the…
India’s maximalist position towards the Kashmir Conflict and its resultantly unflinching resistance to CPEC haven’t changed despite New Delhi saying that it has no problem with the Asian Infrastructure Investment Bank funding that project, as this is nothing more than India playing “hard to get” with America and improving its position before the forthcoming 2+2…
As TV channel Al Arabiya has reported, Jordan withdrew its ambassador Abdullah Suleyman Abu Rumman from Iran. Amman presented a very interesting interpretation to justify its actions. This decision was adopted by the Council of Ministers of the Kingdom in relation Tehran’s policy of interference into affairs of the countries of the Middle East. It…
