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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 […]
Turkey and India Have Leverage in Trump’s Iran Sanction War
Turkey and India Have Leverage in Trump’s Iran Sanction War Both India and Turkey have said they will defy President Trump’s call for them to stop buying Iranian oil once the U.S. reapplies sanctions in November. That isn’t really news. Both of them defied the Obama administration in 2012, albeit in different way. Turkey changed its […]
Turkey Defies Trump, Will Keep Importing Iranian Crude
Turkey Defies Trump, Will Keep Importing Iranian Crude Defying the Trump administration, Turkey said it would ignore the State Department’s call on US allies to stop importing Iranian crude oil by November 4, when the latest sanctions against Iran are set to kick in. Earlier this week, the State Department called on all US allies […]
Many Trump Supporters Now Cheering For The Deep State Over WikiLeaks And Iran
Many Trump Supporters Now Cheering For The Deep State Over WikiLeaks And Iran I just want to briefly document some of the ways I’m seeing the 2015/2016 anti-establishment sentiment of Trump’s base being hijacked and re-routed into supporting some highly conspicuous pro-establishment interests this year. In 2016 and 2017, much of the anti-establishment sentiment on what […]
Iran Furious After Trump Calls Saudi King, Demands 2MM Barrel Production Boost
Iran Furious After Trump Calls Saudi King, Demands 2MM Barrel Production Boost Update: as expected, it did not take long for Iran – which has the most to lose from any Saudi output hike which would not only send the price of oil lower but also allow Riyadh to capture Iran’s sanctioned market share – […]
Donald of Arabia, Oil Sanction Idiocy: Another Oil Shock Coming
Donald of Arabia, Oil Sanction Idiocy: Another Oil Shock Coming I did not believe Trump would be so foolish as to force the entire world to accept Iranian sanctions. I was wrong. Here’s my general policy: When you are wrong, it’s best to admit it or someone will admit it for you, in a worse […]
Why You Should Be Intensely Skeptical Of Everything You Hear About Iran Protests
Why You Should Be Intensely Skeptical Of Everything You Hear About Iran Protests Every few weeks I switch from being accused by pro-establishment Democrats of writing propaganda for Putin and Assad to being accused by pro-Trump Republicans of writing propaganda for the Iranian government, all because I am opposed to US-led regime change intervention in both […]
