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Iran Opens Export Terminal To Bypass World’s Biggest Oil Chokepoint
Iran Opens Export Terminal To Bypass World’s Biggest Oil Chokepoint Iran says it has opened its first oil export terminal in the Gulf of Oman to allow Tehran to avoid using the strategic Strait of Hormuz shipping route that has long been a focus of regional tensions. “Today, the first shipment of 100 tons of […]
From the Notebook: A Critical Shift in the War for Oil
From the Notebook: A Critical Shift in the War for Oil Davos really do think they are too clever by half. Despite prognostications to the contrary, negotiations with Iran over a new JCPOA are nearing completion which Biden/Obama will sign off on after putting up a bit more token resistance to lifting sanctions. Why do […]
What To Expect From Today’s OPEC+ Meeting: Another Saudi Surprise?
What To Expect From Today’s OPEC+ Meeting: Another Saudi Surprise? After Wednesday’s JMMC meeting ended without reaching a recommendation (as is customary and expected), the key decision-making OPEC+ meeting – where ministers will hammer out May’s output quotas – begins at 1pm London Time. As Newsquawk notes, market expectations are skewed towards an extension of current cuts, […]
The Iran-China Axis Is A Fast Growing Force In Oil Markets
The Iran-China Axis Is A Fast Growing Force In Oil Markets One of the things that doesn’t get a lot of discussion in the press is the under-the-table relationship Iran and China have had when it comes to oil. At first glance, they wouldn’t seem to have a lot in common. One is a theocracy […]
Iran’s Defense Minister Says Country Must Prepare for Nuclear and Chemical Attacks
Iran’s Defense Minister Says Country Must Prepare for Nuclear and Chemical Attacks Tuesday marked the 33rd anniversary of Saddam Hussein using chemical weapons on Iraqi Kurds On Tuesday, Iran’s defense minister said the country must be prepared to face nuclear, chemical, and biological attacks. “We should be prepared to defend our nation against all threats and whatever […]
Game-changing Iranian Pipeline Set To Launch In March
Game-changing Iranian Pipeline Set To Launch In March The geopolitically game-changing Goreh-Jask pipeline project saw a major advance last week with the commencement last week of offshore pipe-laying operations. The implementation of this operation markets the first stage of the offshore development of the Jask Oil Terminal and, according to the Pars Oil and Gas […]
2020 Ends as It Began: With the Looming Threat of a US War With Iran
2020 Ends as It Began: With the Looming Threat of a US War With Iran 2020 began and ended with high-profile assassinations of Iranians, a buildup of the US military on Iran’s borders, and fears of another major war in the Middle East. Amid increasing hostility towards Tehran, the United States is building up its […]
Finding A Way Around The World’s Largest Oil Chokepoint
Finding A Way Around The World’s Largest Oil Chokepoint Oil is sometimes referred to as ‘black gold’. The discovery and export of fossil fuels have led to tremendous wealth creation for certain countries. In this sense, no region in the world is more blessed than the Middle East. Especially the countries surrounding the Persian Gulf […]
Iran Says It Chased Off US Spy Plane During Large-Scale Hormuz Exercises
Iran Says It Chased Off US Spy Plane During Large-Scale Hormuz Exercises On Friday the AFP reported on some surprising statement from Iran’s military, which however remains unconfirmed from the US side: The Iranian navy on Friday said it drove off American aircraft that flew close to an area where military exercises were underway near the Strait […]
Iran Conducts Annual War Drill To Thwart “Foreign Threats And Possible Invasion”
Iran Conducts Annual War Drill To Thwart “Foreign Threats And Possible Invasion” Adding to the regional instabilities in the Gulf of Oman, near the strategic Strait of Hormuz waterway, the Iranian military launched its annual three-day naval exercise on Thursday. Iranian commander Admiral Habibollah Sardari, who is leading the drills, told Iranian state TV that the exercise would allow […]
Putin Sees US & Iran Headed Toward War – Proposes Urgent World Summit To Stop It
Putin Sees US & Iran Headed Toward War – Proposes Urgent World Summit To Stop It Russia thinks war between the US and Iran is on the horizon, and is proposing steps to stop it: Russian President Vladimir Putin on Friday proposed a video summit with the United States, Britain, France, China, Germany and Iran […]
Blast Hits Power Plant In Central Iran Sunday As Mainstream Media Admits ‘It’s Likely Israel’
Blast Hits Power Plant In Central Iran Sunday As Mainstream Media Admits ‘It’s Likely Israel’ Yet another strange and unexplained explosion has rocked central Iran on Sunday, reports state-owned Islamic Republic News Agency (IRNA). Citing no injuries during the large explosion, it occurred at a power station in the city of Islamabad, which is in the central province […]
VIPS MEMO: To the President—Avoid Hostilities Over Iranian Fuel Shipment to Venezuela
VIPS MEMO: To the President—Avoid Hostilities Over Iranian Fuel Shipment to Venezuela The Veteran Intelligence Professionals for Sanity (VIPS) urges Donald Trump to avoid the slippery slope toward armed conflict as an Iranian oil tanker nears Venezuela on Sunday. MEMORANDUM FOR: The President FROM: Veteran Intelligence Professionals for Sanity (VIPS) SUBJECT: Avoiding Hostilities Over Iranian Fuel Shipment to […]
Iran & Venezuela Hail Victorious ‘Defiance’ Over US As 1st Tanker Is Escorted By Maduro Forces
Iran & Venezuela Hail Victorious ‘Defiance’ Over US As 1st Tanker Is Escorted By Maduro Forces The first among five Iranian fuel-laden tankers has arrived in gasoline-starved Venezuela amid US threats to intervene against the ‘sanctions-busting’ activity by two official Washington enemies. Reuters reports: “The tanker, named Fortune, reached the country’s waters at around 7:40 p.m. […]
