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Turkey Hit By Unprecedented Power Outages As Iran Halts Gas Flows
Turkey Hit By Unprecedented Power Outages As Iran Halts Gas Flows A disruption to natural gas imports from Iran has caused an unprecedented level of power cuts in Turkey. The power cuts have largely impacted major industrial zones, with some companies forced to halt production as a result. Iran claims that its natural gas flows […]
Oil Spikes To Fresh 7-Year High After Key Iraq-Turkey Pipeline Explosion
Oil Spikes To Fresh 7-Year High After Key Iraq-Turkey Pipeline Explosion Despite dollar strength today (and more worrisome ZeroCOVID actions from China), oil prices continued to rise but news after-hours that an explosion knocked out a major pipeline sparked more upside. Little is known about the cause, but the explosion at a pipeline connecting Northern […]
Gas Stations Across Iran Crippled After Massive Cyberattack
Gas Stations Across Iran Crippled After Massive Cyberattack Iran has announced that the country’s energy infrastructure was hit by a massive cyberattack on Tuesday, which left state subsidized gas stations across the country out of commission, resulting in very long lines of cars observed waiting to fill up in many towns and cities. The timing is […]
Nationwide Blackout Hits Syria After Gas Pipeline Bombed
Nationwide Blackout Hits Syria After Gas Pipeline Bombed A blackout has reportedly plunged all of Syria into darkness Friday into Saturday, with Syria’s state-run SANA announcing the nationwide power outage is due to an attack on a gas site and pipeline in southern Damascus. Into the overnight hours, electricity reportedly returned to much of the capital of Damascus, […]
Iran’s Huge Caspian Gas Find Is A Geopolitical Gamechanger
Iran’s Huge Caspian Gas Find Is A Geopolitical Gamechanger Iran last week revealed a huge new gas deposit located in the Iranian sector of the Caspian Sea. The ‘Chalous’ structure is to be developed with the intention of forming a new gas hub in northern Iran to complement the southern gas hub centred on the […]
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 […]
The Three Types of US ‘Regime Change’
January 22, 2022
The Three Types of US ‘Regime Change’ When the U.S. overthrows a foreign government it either works from the top down, the bottom up, or through military invasion, writes Joe Lauria. Chilean presidential palace during U.S.-backed coup, Sept. 11, 1973. (Library of the Chilean National Congress/Wikipedia) Throughout the long, documented history of the United States illegally overthrowing […]
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