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Trump Slams OPEC Again, Demands Lower Prices: “Oil Prices Are Too High, OPEC Is At It Again”

Trump Slams OPEC Again, Demands Lower Prices: “Oil Prices Are Too High, OPEC Is At It Again” Nearly two months after Trump drew a line in the sand on oil prices, when on April 20 he lashed out at OPEC, tweeting that “Oil prices are artificially Very High! No good and will not be accepted!”which […]

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Geopolitical Tensions Reach Boiling Point Ahead Of OPEC Meeting

Geopolitical Tensions Reach Boiling Point Ahead Of OPEC Meeting The upcoming OPEC meeting on June 22 is shaping up to be a contentious one, after news broke that the U.S. government asked Saudi Arabia to increase oil production before Washington pulled out of the Iran nuclear deal. Earlier last week, news surfaced that the U.S. […]

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Gold and the Monetary Blockade on Iran

Gold and the Monetary Blockade on Iran This blog post is a guest post on BullionStar’s Blog by the renowned blogger JP Koning who will be writing about monetary economics, central banking and gold. BullionStar does not endorse or oppose the opinions presented but encourage a healthy debate. With Donald Trump close to re-instituting economic sanctions on Iran, it’s […]

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Next Stage of Pressure on Iran – Lower Oil Prices

Next Stage of Pressure on Iran – Lower Oil Prices President Trump is stepping up his attack on Iran.  He’s now planning the long-game for maximum pressure.  The news that Trump quietly asked Saudi Arabia to ramp up output by 1 million barrels a day is the key. From the analysis at Oilprice.com: Saudi Arabia and […]

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US Treasury Dept Warns Allies Against Accidentally Trading With Iran

US Treasury Dept Warns Allies Against Accidentally Trading With Iran Companies ‘face substantial risks’ if they’re caught trading with Iran The US Treasury Department on Tuesday issued a statement directed at allied governments, and private companies operating out of allied countries, warning them against any trade with Iran, warning they “face substantial risks” if they […]

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Trump Asked Saudi Arabia To Boost Oil Production By 1 Million Barrels Per Day

Trump Asked Saudi Arabia To Boost Oil Production By 1 Million Barrels Per Day It all started on April 20, when having tweeted at and about virtually everything else, President Trump realized that surging oil and gasoline prices are wreaking havoc on his economic agenda and eating away at the benefits from his tax cuts, […]

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Don’t Take Higher Oil Prices For Granted

Don’t Take Higher Oil Prices For Granted Oil prices collapsed at the start of this week, with WTI and Brent dropping 5.5 percent and 7.5 percent respectively from their three and a half year peaks. This recent price slump serves as a timely reminder for market observers and players alike that, while a heightened geopolitical […]

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America’s Incredible Shrinking Influence

America’s Incredible Shrinking Influence Just two weeks after President Trump pulled the US from the Iran nuclear agreement, his Secretary of State, Mike Pompeo, issued 12 demands to Iran that could never be satisfied. Pompeo knew his demands would be impossible to meet. They were designed that way. Just like Austria-Hungary’s ultimatum to Serbia in […]

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Iran diary: bracing for all-out economic war

Iran diary: bracing for all-out economic war While the dogs of war bark, the Ancient – and New – Silk Road goes on forever and a civilization with a long and proud history gets on with life Dawn comes to Imam Reza shrine in Mashhad. Photo: Asia Times/Pepe Escobar The minute you set foot in […]

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The “Axis of Gold” Just Got Stronger

The “Axis of Gold” Just Got Stronger As you probably know by now, President Trump backed out of the nuclear deal with Iran and is re-imposing harsh sanctions. And just this morning, Trump announced that he’s canceling the much-anticipated nuclear summit with North Korean leader Kim Jong Un because of Kim’s recent belligerent comments. What […]

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Is US Bellicosity Backfiring?

Is US Bellicosity Backfiring? U.S. threats to crush Iran and North Korea may yet work, but as of now neither Tehran nor Pyongyang appears to be intimidated. Repeated references by NSC adviser John Bolton and Vice President Mike Pence to the “Libya model” for denuclearization of North Korea just helped sink the Singapore summit of […]

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End of unipolar world? New world order evolves in response to US demands on Iran

End of unipolar world? New world order evolves in response to US demands on Iran © Getty Images If Mike Pompeo’s ultimatum to Iran, after US withdrawal from the Iranian nuclear deal, was fulfilled it would inflict economic warfare on the country and set up Tehran for failure while reasserting a US-led unipolar world order. […]

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Bolton Trying to Convince Trump to Topple Iran

Bolton Trying to Convince Trump to Topple Iran Now that the Trump administration has derailed the Iran nuclear deal, the old issue of regime change in Iran is back again. National Security Advisor John Bolton is obviously the chief regime-change advocate in the administration, and there is every reason to believe he has begun to […]

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Iran Announces Plan To Stay In Syria As Pompeo Issues Unprecedented Threats

Iran Announces Plan To Stay In Syria As Pompeo Issues Unprecedented Threats After last Thursday’s relatively brief meeting in Sochi between Russian President Vladimir Putin and Syria’s Bashar al-Assad wherein Putin stressed that it is necessary for all “foreign forces” to withdraw from Syria, there’s been much speculation over what Putin actually meant. Many were quick […]

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Iran and Russia Discuss Transacting in Crypto to Avoid International Sanctions

Iran and Russia Discuss Transacting in Crypto to Avoid International Sanctions Iran and Russia could start using cryptocurrencies to avoid Western sanctions, Russian news portal RBC reported yesterday, May 17. Mohammad Reza Pourebrahimi, the head of the Iranian Parliamentary Commission for Economic Affairs, referred to cryptocurrencies as a promising way for both countries to avoid […]

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