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Sanctions, oil, and the emerging China-Russia-Iran axis
Sanctions, oil, and the emerging China-Russia-Iran axis Although China has backpedalled on proposed tariffs on U.S. crude imports, the move is indicative of its need to diversify sources and steps may now be taken to enable China to play the oil card in the future – including imports from Iran despite sanctions, and drawing closer […]
All-Time Low Spare Capacity Could Send Oil To $150
All-Time Low Spare Capacity Could Send Oil To $150 While the oil market and analysts are trying to guesstimate how much Iranian oil the U.S. sanctions will stifle later this year, they all agree that the return of the sanctions is the market’s key bullish driver as well as the largest ‘known unknown’ for oil […]
US Sanctions Foster Emergence of Multipolar World
US Sanctions Foster Emergence of Multipolar World Russia, Iran, China, and now Turkey are in the same boat, as all have become the target of US sanctions. But none of those nations has bowed under the pressure. Russia had foreseen the developments in advance and took timely measures to protect itself. The Turkish national currency, the lira, […]
The Deal: Smelling a Rat, Arabs Sense a Coming Humiliation
The Deal: Smelling a Rat, Arabs Sense a Coming Humiliation “The Iran sanctions have officially been cast. These are the most biting sanctions ever imposed, and in November they ratchet up to yet another level. I am asking for WORLD PEACE, nothing less!” What on earth does this tweet from President Trump – “I am […]
Ahmadinejad Urges End To US Dollar Hegemony: “Current [World] Order Needs To Change”
Ahmadinejad Urges End To US Dollar Hegemony: “Current [World] Order Needs To Change” As US re-imposes sanctions on Iran, former two-term Iranian President Mahmoud Ahmadinejad has spoken out against the current US hegemony. As RT notes, Ahamdinejad says the dollar is one of the major pillars of US dominance over global finance and trade; calling […]
Trump Blasts “Anyone Trading With Iran Will Not Be Trading With The U.S.”
Trump Blasts “Anyone Trading With Iran Will Not Be Trading With The U.S.” At one minute after midnight, the first round of renewed U.S. sanctions on Iran took effect, and in one of his earliest tweets since the presidential campaign, at 5:30am EDT, a sleepless Trump blasted out the “official” US position on countries that […]
Trump Warns Allies “Risk Severe Consequences” If They Violate Iran Sanctions
Trump Warns Allies “Risk Severe Consequences” If They Violate Iran Sanctions With the hours ticking by ahead of Washington’s re-imposition of a slew of economic sanctions on Iran, President Trump has just released a statement confirming the narrative he would prefer Americans believe. Just hours after the European Union issued a statement Monday ahead of […]
Iranian Navy Holds Drills In Persian Gulf After Threats To Block Strait Of Hormuz
Iranian Navy Holds Drills In Persian Gulf After Threats To Block Strait Of Hormuz Iran’s Revolutionary Guard on Sunday confirmed rumors that they moved up the timing of a large naval drill in the Persian Gulf several days ahead of the Islamic Republic’s planned annual exercises, according to Reuters. State news agency IRNA said the war games were aimed at “confronting […]
VIPS to Trump: Intel on Iran Could be CATASTROPHIC
VIPS to Trump: Intel on Iran Could be CATASTROPHIC As drums beat again for war — this time on Iran—-the VIPS’ warning is again being disregarded as it was before the Iraq debacle and this time VIPS fear the consequences will be all-caps CATASTROPHIC. MEMORANDUM FOR: The President FROM: Veteran Intelligence Professionals for Sanity (VIPS) SUBJECT: Intelligence on Iran Fails […]
The Madness Gripping Washington
The Madness Gripping Washington The United States and Israel have been threatening Iran for something like twenty years, using the pretext that it was developing a nuclear weapon initially, but also more recently declaring that Tehran has become a threat to the entire Middle East. Both contentions are essentially lies, concocted by an Israel and […]
US Preparing To Bomb Iran’s Nuclear Capabilities As Soon As Next Month: Report
US Preparing To Bomb Iran’s Nuclear Capabilities As Soon As Next Month: Report As the White House convenes a policy meeting on Iran Thursday involving senior Pentagon officials and cabinet advisers under national security adviser John Bolton, and after a week of intense saber-rattling by President Donald Trump and his Iranian counterpart Hassan Rouhani, a new […]
The Most Important Waterway In The Oil World
The Most Important Waterway In The Oil World Tensions between the United States and Iran continue to rise, with U.S. President Donald S. Trump issuing a threatening tweet against Iran’s President Hassan Rouhani amidst preparations to re-impose sanctions on Iran’s economy following the U.S. withdrawal from the 2015 nuclear deal. The increasingly tense situation has […]
Are Oil Markets Underestimating Iran’s Threats?
Are Oil Markets Underestimating Iran’s Threats? Iranian officials have suggested that they could shut the Strait of Hormuz if the U.S. moved to completely disrupt Iranian oil exports, a dire scenario that would present a supply shock to the oil market. The prospect of an outage at the Strait of Hormuz repeatedly crops up when […]
