War Between Iran & Saudi Arabia Could Send Oil to $300 Per Barrel & Impoverish the World

An armed conflict between Riyadh and Tehran would have a major impact on oil markets and the global economy. RT asked experts what a war between the two Middle East superpowers would mean for crude prices. If a conflict happens, oil prices could increase 500 percent. “Energy prices will seriously depend on the severity of …

Continue reading War Between Iran & Saudi Arabia Could Send Oil to $300 Per Barrel & Impoverish the World

Advertisements

Oil Race in Syria and Iraq

The defeat of ISIS and the demise of this quasi-state is going to change the conflicts in Iraq and Syria. The conflicts between the previously neutral or previously partnered sides now take center stage. In the last months we saw tensions rising between the Syrian Arab Army and Syrian Democratic Forces, between Iraq and Iraqi …

Continue reading Oil Race in Syria and Iraq

Syria War Report – October 20, 2017: Army And US-backed Forces Race for Syrian Oil

The US-backed Syrian Democratic Forces (SDF) have allegedly handed over the Tabiyah oil field and its nearby facilities to the Syrian-Iranian-Russian alliance following a visit of Syrian and Russian representatives to the SDF-held city of Hasakah. According to reports, units of the Syrian Arab Army (SAA) with some unidentified “Russians” have already entered the oil …

Continue reading Syria War Report – October 20, 2017: Army And US-backed Forces Race for Syrian Oil

Kirkuk Crisis and the Iraqi Government’s Absolute Right to Restore Its Writ

In moving to reassert control of the city of Kirkuk from the Kurds, who hitherto had controlled the city under the aegis of the Kurdistan Regional Government (KRG), the Iraqi government has acted in full accordance with its legal and moral rights. The tragedy of the Kurds both of Syria and Iraq is that they …

Continue reading Kirkuk Crisis and the Iraqi Government’s Absolute Right to Restore Its Writ

Is It Time for “Food Diplomacy” in Venezuela?

The convincing victory of Venezuela’s governing socialist party in this weekend’s elections provides a convenient opportunity for President Maduro to finally request food aid from his Russian and Chinese partners, both of whom would be more than eager to receive the soft power boost that would come with easing the humanitarian suffering that the US’ …

Continue reading Is It Time for “Food Diplomacy” in Venezuela?

Unravelling the Riddle of the Kurds’ Iraqi Pipedream

Wily clannish capo Masoud Barzani, president of the Kurdistan Regional Government (KRG), has announced that “Yes” won Monday’s non-binding independence referendum. Now that index fingers in indelible indigo ink are out of the way, the real battle between the KRG and Baghdad begins. Iraqi Prime Minister Haider al-Abadi and the Iraqi Supreme Court have denounced …

Continue reading Unravelling the Riddle of the Kurds’ Iraqi Pipedream