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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 […]
Trump On Path for War With Iran in the “National Interest”
Trump On Path for War With Iran in the “National Interest” Trump’s Iran policy not only has US allies hopping mad, it also has us on a path towards another major Mideast war. “We will seek to provide unprecedented financial pressure on the Iranian regime,” the U.S. said, rebuffing Britain, France, and Germany which requested […]
Russia Plans $50 Billion Investment In Iran’s Oil, Gas Industry
Russia Plans $50 Billion Investment In Iran’s Oil, Gas Industry Russia is getting ready to invest US$50 billion in Iran’s oil and gas industry as the two countries continue to seek closer ties, just as the United States is looking to cut as much Iranian crude oil exports from the market as possible. “Russia is […]
Trump May Tap Up To 30MM Barrels From Oil Reserve To Halt Rising Gas Price
Trump May Tap Up To 30MM Barrels From Oil Reserve To Halt Rising Gas Price Having already yelled at OPEC on several prior occasions on Twitter with demands for Saudi Arabia and the rest of the OPEC cartel to boost production in order to push oil – and gasoline – prices lower… … only to […]
Oil’s Perfect Storm Lays At Trump’s Feet
Oil’s Perfect Storm Lays At Trump’s Feet It’s becoming painfully clear that the way forward for global oil markets is going to be bumpy, very bumpy, particularly as we head into next year. Much of this uncertainty, even blame, is being increasingly leveled at a person that has surprised, flabbergasted and even shocked political opponents, […]
Spare Capacity: The Biggest Mystery In Oil Markets
Spare Capacity: The Biggest Mystery In Oil Markets With around 2.5 million barrels per day (mb/d) of Iranian supply targeted by the Trump administration, how will the oil market cope with the losses? Is there enough supply capacity to make up for the shortfall? There is a great deal of debate about the true extent […]
How Bad Is Iran’s Oil Situation?
How Bad Is Iran’s Oil Situation? The U.S. government has continued its attempts to shut down Iran’s oil exports, and in recent days Iranian officials responded by threatening to block the Strait of Hormuz. Such an outcome is highly unlikely, but the war of words demonstrates how quickly the confrontation is escalating. Oil prices spiked […]
Chinese Refiner Halts US Oil Purchases, May Use Iran Oil Instead
Chinese Refiner Halts US Oil Purchases, May Use Iran Oil Instead With the US and China contemplating their next moves in what is now officially a trade war, a parallel narrative is developing in the world of energy where Asian oil refiners are racing to secure crude supplies in anticipation of an escalating trade war […]
US, Iran Clash in Hormuz Strait: Not an Improbable Scenario
US, Iran Clash in Hormuz Strait: Not an Improbable Scenario The US remains adamant in its desire to cut Iran’s oil exports to zero, even if it hurts importing countries. America’s secondary sanctions on firms dealing with Iran would “snap back” on August 6 for trade in cars and metals and on November 4 for oil and […]
