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The Real Reason Behind the EU’s Drive to Embargo Russian Oil

May 14, 2022

The Real Reason Behind the EU’s Drive to Embargo Russian Oil This week the European Union is expected to announce a complete import ban on Russian oil. Hungary, in its first real act of defiance, is threatening to veto this; Germany, after some hemming and hawing, has finally decided it can survive such a ban. […]

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EU To Impose Full Embargo On Russian Oil Next Week, Will Send Price Above $185 According To JPMorgan

April 19, 2022

EU To Impose Full Embargo On Russian Oil Next Week, Will Send Price Above $185 According To JPMorgan Despite the clear intentions of western government to cripple Russian energy production, loadings of Russian oil have so far been surprisingly resilient, so much so that Russia’s current account balance is at all time highs. According to […]

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Saudi Arabia Won’t “Weaponize” Oil Prices, Energy Minister Says

October 22, 2018

Saudi Arabia Won’t “Weaponize” Oil Prices, Energy Minister Says With Saudi Arabia moving to quell international outrage over the brutal killing of journalist Jamal Khashoggi by firing a handful of top intelligence officials and arresting more than a dozen Saudi nationals for alleged ties to the killing, Energy Minister Khalid al-Falih told Russia’s TASS news […]

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CONFIRMED: North Korea has enough oil to survive embargo

September 10, 2017

CONFIRMED: North Korea has enough oil to survive embargo While a full scale oil embargo against North Korea is unlikely, the reality is that North Korea would be able to survive such a measure with comparative ease. The United States has recently suggested a global oil embargo against North Korea, something both China and Russia […]

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The Clock Is Ticking On The U.S. Dollar As World’s Reserve Currency

September 22, 2015

The Clock Is Ticking On The U.S. Dollar As World’s Reserve Currency The View From Hubbert’s Peak In 1971, the American President put an end to a 2,500 year trend; the Wall Street Journal called it “Nixon’s Worst Weekend.” Considering the old boy had some really bad ones, this must have been something special. In […]

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