What’s Really Going On Behind the “Secret” Saudi-Russia Oil Deal

What’s Really Going On Behind the “Secret” Saudi-Russia Oil Deal

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…

Is China Turning Trump’s Oil Weapon Against Him?

Is China Turning Trump’s Oil Weapon Against Him?

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…

Will the U.S. Let India Continue to Import Iranian Crude?

Will the U.S. Let India Continue to Import Iranian Crude?

India is increasingly finding itself caught between competing alliances. On one hand, ties between Washington and New Delhi have improved in recent years in large part to what both sides perceive as increased threats from China both militarily and economically in the South China Sea and overall Indo-Pacific region. On the other, New Delhi has…

America’s About to Unleash Its NOPEC Superweapon Against the Russians & Saudis

America’s About to Unleash Its NOPEC Superweapon Against the Russians & Saudis

The US Congress has revived the so-called “NOPEC” bill for countering OPEC and OPEC+. Officially called the “No Oil Producing and Exporting Cartels Act”, NOPEC is the definition of so-called “lawfare” because it enables the US to extraterritorially impose its domestic legislation on others by giving the government the right to sue OPEC and OPEC+…