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4,000 US Troop Surge To Middle East Could Be Imminent Amid Baghdad Chaos
4,000 US Troop Surge To Middle East Could Be Imminent Amid Baghdad Chaos Three U.S. defense officials told Fox News on Tuesday that the U.S. Army’s 82nd Airborne Division’s alert brigade has been given orders to deploy to Kuwait amid the social unrest in Baghdad. Even though all supporters of Iran-backed militias have withdrawn from the heavily fortified U.S. […]
Countries that Blocked ‘Welcoming’ of Major Climate Science Report at UN Talks have Dozens of Delegates with Ties to Oil, Gas, and Mining
Countries that Blocked ‘Welcoming’ of Major Climate Science Report at UN Talks have Dozens of Delegates with Ties to Oil, Gas, and Mining Dozens of delegates from four countries that forced the UN climate negotiations to weaken language around the acceptance of a major climate science report have ties to the oil, gas and mining industries. […]
Big Oil Walking A Tightrope As Prices Rise
Big Oil Walking A Tightrope As Prices Rise Supermajors have had a great year so far, and their third-quarter results, to be released over the next couple of weeks, are likely to strengthen this impression. But this does not necessarily mean that investors will reward them. Investors have become a lot more careful in the […]
Kuwait Orders Citizens To Leave Lebanon Immediately “As Precaution Against Any Negative Impact That Might Take Place”
Kuwait Orders Citizens To Leave Lebanon Immediately “As Precaution Against Any Negative Impact That Might Take Place” The drums of war are beating at a deafening pace: with Saudi Arabia ordering its citizens to immediately leave Lebanon on Thursday, just a few hours later Kuwait joined in. According to the Kuwait News Agency, citing a […]
Global Leaders Rattle Their Sabers As The World Marches Toward War
Global Leaders Rattle Their Sabers As The World Marches Toward War Iran just conducted another provocative missile test, more U.S. troops are being sent to the Middle East, it was just announced that the U.S. military will be sending B-1 and B-52 bombers to South Korea in response to North Korea firing four missiles into […]
The Mystery Of Saudi Treasury Holdings Solved: US Reveals Saudi Holdings For The First Time
The Mystery Of Saudi Treasury Holdings Solved: US Reveals Saudi Holdings For The First Time In the aftermath of Saudi Arabia’s explicit threat to sell off US Treasurys (of which according to the NYT it had some $750 billion) should the US pursue legislation that could hold it liable for the September 11 bombings, Wall Street’s analysts quickly tried […]
Iran Oil Minister Rejects Saudi Demand To Freeze Crude Production
Iran Oil Minister Rejects Saudi Demand To Freeze Crude Production In the aftermath of Bloomberg’s surprising Friday report, according to which Saudi Arabia flipflopped on its previous promise that it would freeze its oil output while allowing Iran to grow supply until it hit its pre-embargo peak, instead saying that it would only join the […]
“They Should Leave Us Alone”: Iran Wants No Part Of Oil Freeze Until Output Higher
“They Should Leave Us Alone”: Iran Wants No Part Of Oil Freeze Until Output Higher On Tuesday, Kuwait’s oil minister Anas al-Saleh delivered a rather stark warning to the rest of OPEC when he said the following about the much ballyhooed crude output freeze: “I’ll go full power if there’s no agreement. Every barrel I […]
“I’ll Go Full Power If There’s No Agreement” – Kuwait Breaks OPEC Production Freeze
“I’ll Go Full Power If There’s No Agreement” – Kuwait Breaks OPEC Production Freeze Back in late February, when crude prices had just hit a 13 year low, one catalyst unleashed a furious short-covering rally: a WSJ report which cited a delayed SkyNews interview with the UAE energy minister, according to which OPEC would freeze, […]
World War 3 Could Start This Month: 350,000 Soldiers In Saudi Arabia Stand Ready To Invade Syria
World War 3 Could Start This Month: 350,000 Soldiers In Saudi Arabia Stand Ready To Invade Syria 350,000 soldiers, 20,000 tanks, 2,450 warplanes and 460 military helicopters are massing in northern Saudi Arabia for a military exercise that is being called “Northern Thunder”. According to the official announcement, forces are being contributed by Saudi Arabia, the […]
Road To World War III: Turkish Army Enters Syria After Second Day Of Shelling As Saudi Warplanes Arrive
Road To World War III: Turkish Army Enters Syria After Second Day Of Shelling As Saudi Warplanes Arrive Update: Reports indicate the Turkish army has crossed the border into Syria. Новости ДОЖДЯ @tvrain_live Дамаск заявил овхождении турецких военных в Сирию http://tvrain.ru/news/damask-403651/ … 10:56 AM – 14 Feb 2016 Дамаск заявил о вхождении турецких военных в Сирию 12 […]
Attention Finally Turns To Saudi Arabia’s “Secret” US Treasury Holdings
Attention Finally Turns To Saudi Arabia’s “Secret” US Treasury Holdings In November of 2014, we announced the quiet death of the petrodollar. The system which underwrote decades of dollar dominance and kept a perpetual bid under USD assets met an untimely demise when the Saudis moved to bankrupt the US shale complex by deliberately suppressing oil prices. […]
The Financial Apocalypse Accelerates As Middle East Stocks Crash To Begin The Week
The Financial Apocalypse Accelerates As Middle East Stocks Crash To Begin The Week It looks like it is going to be another chaotic week for global financial markets. On Sunday, news that Iran plans to dramatically ramp up oil production sent stocks plunging all across the Middle East. Stocks in Kuwait were down 3.1 percent, […]
Mid-East Massacre: Qatar Crashes, Saudi Stocks Plunge Most Since Black Monday
Mid-East Massacre: Qatar Crashes, Saudi Stocks Plunge Most Since Black Monday Broad middle-east and african stock markets crashed over 5%, erasing any gains back to November 2008 as the carnage from last week continues. From Kuwait (-4.3%) to Qatar (-8%) it was a bloodbath as Saudi Arabia Tadawul Index plunged 5.4% – the most since Black Monday (now down […]
Iran Seizes 2 US Navy Boats, Crewmen
Iran Seizes 2 US Navy Boats, Crewmen Tensions were already running high between Tehran and Washington in the wake of Iran’s move to test-fire a next generation surface-to-surface ballistic missile with the range to hit Israel. And then the IRGC conducted a live-fire rocket test within 1,500 yards of a US aircraft carrier in the […]