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Tag Archives: economic sanctions
Iran’s Top Oil Customers Resist U.S. Calls For Zero Imports
Iran’s Top Oil Customers Resist U.S. Calls For Zero Imports Just a few days before U.S. sanctions on Iranian oil exports return on November 5, the keywords about how much of Iran’s oil will come off the market are ‘lack of clarity’. On the one hand, it’s unclear how much Iranian oil will really be […]
U.S. And OPEC Flood Oil Market Ahead Of Midterms
U.S. And OPEC Flood Oil Market Ahead Of Midterms OPEC and the U.S. are together adding enormous volumes of new supply, which together have softened the oil market. In October, OPEC hiked oil production to the highest level since 2016, back before the oil production cuts went into effect, according to a recent Reuters survey. […]
US Approves Waivers On Iranian Oil Imports As Supply Panic Fades
US Approves Waivers On Iranian Oil Imports As Supply Panic Fades With oil prices already extending the drop from their highs as the trader “panic attack” identified by celebrated energy analyst Art Berman abates, and approaching a bear market from recent highs, a Friday morning report from Bloomberg will likely ensure that prices continue to […]
Trump: There’s Enough Oil To Offset Iran Loss
Trump: There’s Enough Oil To Offset Iran Loss President Donald Trump has determined there was enough crude oil and oil products supply globally to offset any loss of supply from Iran after U.S. sanctions enter into force next week. In a memorandum, Trump said “there is a sufficient supply of petroleum and petroleum products from […]
US Blames Iran For Impoverishing Civilians While Prepping Further Sanctions
US Blames Iran For Impoverishing Civilians While Prepping Further Sanctions The United States government is preparing to implement an additional level of sanctions against Iran for its refusal to meet a dozen demands that are so absurdly unreasonable that they have been called a regime change policy in all but name. The sanctions which have […]
Sanctions and the Hypocrisy of Washington and London
Sanctions and the Hypocrisy of Washington and London On March 4 this year a British spy and former Russian citizen, Sergei Skripal, was poisoned in the town of Salisbury, England. He recovered, as did his daughter who had also been affected, and is now in deep security with a new face and name and an […]
Iran’s Worst Nightmare Is Coming True
Iran’s Worst Nightmare Is Coming True In what must seem like a nightmare scenario for Iran, not only is another U.S. president leveling sanctions against its economy, and particularly that economy’s lifeblood, its oil sector, but the current U.S. president has admittedly made it his mission to drive Tehran to its knees over what he […]
Why Oil Prices Could Still Go Lower
Why Oil Prices Could Still Go Lower Crude markets had a panic attack in August and September that sent prices soaring. Sanity is now returning. Prices have fallen but are likely to move even lower over the next few months. The panic attack was caused largely by Trump’s August 7 announcement that sanctions would be […]
Germany Clashes With The U.S. Over Energy Geopolitics
Germany Clashes With The U.S. Over Energy Geopolitics The United States and the European Union (EU) are at odds over more than just the Iran nuclear deal – tensions surrounding energy policy have also become a flashpoint for the two global powerhouses. In energy policy, the U.S. has been opposing the Gazprom-led and highly controversial […]
Opinion: Powell has lost his North Star, and the Fed is flying blind
Opinion: Powell has lost his North Star, and the Fed is flying blind The Fed risks raising interest rates too much as the compass spins wildly STAN HONDA/AFP/Getty ImagesStars appear to rotate around Polaris, the North Star, in this time exposure of the Kitt Peak National Observatory near Tucson, Ariz. Federal Reserve Chairman Jerome Powell […]
NATO Coordinates Information War on Russia
NATO Coordinates Information War on Russia The US, Britain and other NATO allies upped the ante this week with a coordinated campaign of information war to criminalize Russia. Moscow dismissed the wide-ranging claims as “spy mania”. But the implications amount to a grave assault recklessly escalating international tensions with Russia. The accusations that the Kremlin […]
India Yet To Figure Out Way To Pay for Iranian Oil Imports
India Yet To Figure Out Way To Pay for Iranian Oil Imports India hasn’t worked out yet a payment system for continued purchases of crude oil from Iran, Subhash Chandra Garg, economic affairs secretary at India’s finance ministry, said on Friday. India’s Oil Minister Dharmendra Pradhan has conveyed the message that his country would continue […]
Saudi Stocks Crash Most Since 2016 As Riyadh Threatens US With “Very Strong” Retaliation
Saudi Stocks Crash Most Since 2016 As Riyadh Threatens US With “Very Strong” Retaliation Saudi Arabia warned on Sunday it would respond to any “threats” against it as its stock market crashed the most since 2016 after President Trump’s warning of “severe punishment” over the disappearance of Washington Post contributor Jamal Khashoggi. On Saturday, Trump […]
