The US doesn’t want to do anything that could risk Narendra Modi’s reelection next year such as inadvertently contributing to the explosive growth of petrol prices in his country, so it’s possible that Trump might grant America’s new strategic partner a waiver from the forthcoming anti-Iranian sanctions so long as India pledges to gradually reduce…
On Wednesday,Reuters reported the details of a private and “secret” deal reached between Russia and Saudi Arabia, a deal that was aimed at increasing oil output in order to offset the coming shock to oil prices that will follow U.S. efforts to starve Iran of its oil revenues. Notably, Reuters also noted that the deal…
Usually when referring to the so-called oil weapon, analysts are talking about the decades old policy of major oil producing nations withholding production to tighten supplies and drive prices up, often driven by geopolitical motivations. The most nefarious example of this came in 1973 when middle eastern producers, led by Saudi Arabia, cut oil imports…
Desperate for funding to fend off a financial crisis fuelled in part by mounting debt to China, Pakistan is playing a complicated game of poker that could hand Saudi Arabia a strategic victory in its bitter feud with Iran at the People’s Republic’s expense. The Pakistani moves threaten a key leg of the USD60 billion…
Gareth Porter paints a dismal picture. Time and again, President Donald Trump indicates he wants to do the right thing: get out Afghanistan, get out of Syria, get out of South Korea. Every time, his national security team – the people he appointed – sends him to “the tank” and hotboxes him with all the…
India can’t indefinitely “balance” between Russia and the US as it’s impossible for it to fulfill all of its stated commitments to both of them, meaning that the country will have to eventually choose which of the two it wants to lean closer towards in spite of the consequences that this will have for its…
