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Mafia, Guns And Clans: The Big Libyan Oil Heist

Libya’s oil production problems extend far beyond whether the forces of Tripoli or Benghazi secure ultimate control over the country: Clan-based militias are running their own smuggling operations, and their mafia reach is said to extend as far as the Coast Guard—and even into Europe. This smuggled oil is making its way into Europe, and … Continue reading Mafia, Guns And Clans: The Big Libyan Oil Heist

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Intelligence Report Reveals US Urged Saddam Hussein to Attack Syria

Despite what even some alternative media commentators might argue, the Syrian war is about oil, gas, and money. A secret 1983 intelligence report has confirmed that America’s distaste for the Assad family in Syria has always revolved around pipeline disputes — and this alone has given the U.S. cause to go to war with Syria. Most … Continue reading Intelligence Report Reveals US Urged Saddam Hussein to Attack Syria

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China to Pour $3 Billion in Iran’s Refining Capacity

China will invest US$3 billion in the upgrade of Iran’s oil refining facilities, Iranian media reported, with the bulk of the investment going into the Abadan refinery. According to Deputy Oil Minister Abbas Kazemi, China has already “opened the financing” for the refinery’s upgrade. Iran’s oil and gas infrastructure has suffered the results of years … Continue reading China to Pour $3 Billion in Iran’s Refining Capacity

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As Sudan Gets Messier, Washington Gets Wealthier

Both business and political circles of the United States have long been making efforts to put all oil-producing regions of the world under their direct control. In this regard, one can only take the role they played in the signing of the so-called Comprehensive Peace Agreement of 2005 between Sudan and South Sudan as an … Continue reading As Sudan Gets Messier, Washington Gets Wealthier

Saudi King Salman bin Abdulaziz attends the second day of the 136th Gulf Cooperation Council (GCC) summit held in Riyadh, on December 10, 2015 as kings and emirs from six Gulf states began two days of talks, at the same time as unprecedented discussions by the Syrian opposition at a luxury hotel in another part of the city. Salman called for political solutions to the wars in Syria and Yemen, while condemning "terrorism," at the opening of the annual Gulf summit. AFP PHOTO / FAYEZ NURELDINE / AFP / FAYEZ NURELDINE        (Photo credit should read FAYEZ NURELDINE/AFP/Getty Images)

Think that 2016 was a Tough Year for Saudi Arabia? Wait till You See 2017

The year 2016 was not a good one for Saudi Arabia. Sharply lower oil prices sparked a domestic financial crisis that is forcing the country to restructure its economy. Saudi Arabia’s bitter struggle with Iran for regional hegemony has embroiled it in wars and political conflicts it has been unable to win, leaving it no … Continue reading Think that 2016 was a Tough Year for Saudi Arabia? Wait till You See 2017

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Saudi Arabia’s Social Stability to Fall Apart

Geopolitical Futures’ George Friedman has warned that Saudi Arabia’s inability to keep oil prices up to $90 a barrel will frustrate the kingdom’s effort to balance its books, meaning it is only a matter of time before “Riyadh’s unique social stability comes apart.” A country of over 31 million, Saudi Arabia is ruled by six royal family … Continue reading Saudi Arabia’s Social Stability to Fall Apart

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The Ongoing Media Propaganda War Against Syria

In a previous post, I highlighted how, after the chaos of Iraq and Libya, the mass media began softening the public up for another illegal military intervention in another sovereign state – this time in Syria. Rupert Murdoch, who has a direct financial interest in regime change in Syria (see Israel & energy independence below) oversaw some … Continue reading The Ongoing Media Propaganda War Against Syria

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Saudis Brace for Bankruptcy, Bring Dramatic Measures to Public Sector

A two-year drop in oil prices has inflicted a dramatic blow to the economy of one of the world’s richest countries. If no changes are made, Saudi Arabia, according to some Saudi experts, will go bankrupt in three to four years. Since 90 percent of the kingdom's income is derived from oil exports, the price … Continue reading Saudis Brace for Bankruptcy, Bring Dramatic Measures to Public Sector