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Air-conditioning the outside—really

Air-conditioning the outside—really

Qatar is both a country and a peninsula which juts out about 100 miles into the Persian Gulf. It is precisely this geography which makes it both one of the hottest and muggiest places on Earth. The average daily high in mid-summer is 108 degrees F (42 degrees C).

With temperatures now exceeding those averages on a regular basis and nighttime temperatures hovering in the 90s in summer, Qatar has begun working on making the outside cooler.

It had to come. As climate change continues to move temperatures up worldwide, those places that were already hot are getting hotter—and unlivable.

Workers on a U.S. military base in Qatar must now follow strict rest regimens so as not to endanger their well-being on hot days. The Washington Post reports:

The U.S. Air Force calls very hot days “black flag days” and limits exposure of troops stationed at al-Udeid Air Base. Personnel conducting patrols or aircraft maintenance work for 20 minutes, then rest for 40 minutes and drink two bottles of water an hour. People doing heavy work in the fire department or aircraft repair may work for only 10 minutes at a time, followed by 50 minutes of rest, according to a spokesman for the 379th Air Expeditionary Wing.

Cooling units along walkways and outdoor seating areas in Qatar’s cities make it possible for people to stroll or relax in the evening without danger of overheating. Qatar is also engineering ways to cool entire open-air stadiums to make them bearable for spectators.

In my previous post I discussed how our ideas of progress are getting in the way of actual progress in human affairs. While Qatar may be making “progress” in cooling technology, I would not consider it a contribution to the overall progress of humankind. It is actually one more example of the limits we face.

 …click on the above link to read the rest of the article…

Japan To Send Its Own Military Force To Strait Of Hormuz

Japan To Send Its Own Military Force To Strait Of Hormuz

Ever since the new round of ‘tanker wars’ began in Strait of Hormuz in mid-June with a mysterious mine attack on multiple tankers, one involving a Japanese-owned ship, Tokyo has reportedly mulled sending a Japanese defense force to the area to help protect vital shipping lanes. 

In a rare move, the pacifist nation appears ready to pull the trigger, as FT reports, citing chief cabinet secretary, Yoshihide Suga, who indicated that “the government was planning to deploy forces in a region where a Japanese tanker, the Kokuka Courageous, was recently attacked with a limpet mine.”

Japanese Defense Forces file image.

Japan’s Asahi newspaper also reported that the self-defense troop deployment to the vital Persian Gulf passage way comes “instead of joining the U.S.-coalition”.

Japan had been among many US allies urged to assist in forming a US-led maritime security patrol — a plan which many feared would only exacerbate tensions with Iran, only leading to war. In not joining the US-led security mission, Tokyo is ensuring it won’t damage important economic ties with Iran.

FT describes what such a Japanese expedition will likely involve:

A Japanese expedition would probably involve ships and aircraft from the Maritime Self-Defense Force. [Chief Cabinet Secretary] Mr Suga said its operations would be limited to international waters in the Gulf of Oman, the Arabian Sea and the Bab al-Mandab strait.

He said the dispatch would take place under provisions of Japanese law allowing for military information gathering and research. The pacifist constitution tightly proscribes how Japan can deploy its military and any ships it sends would use force only in self-defense.

 …click on the above link to read the rest of the article…

Iran Deploys 2 Warships To Escort Commercial Vessels As Zarif Flies To Beijing After G-7

Iran Deploys 2 Warships To Escort Commercial Vessels As Zarif Flies To Beijing After G-7

The threshold to an armed conflict around the Persian Gulf just got even smaller.

On Monday, Iran said it had deployed two warships – a destroyer and a helicopter carrier – to protect the country’s commercial vessels around the Gulf of Aden, located between the Arabian Peninsula and Africa, and Persian Gulf region amid a growing US-driven military build-up in the volatile region, which recently culminated with several tanker seizures on both sides, the navy times reports.

Iran’s brand new destroyer Sahand and the supply ship/replenishment carrier Kharg whiuch has a helicopter pad and services as lositics support,  were deployed to the Gulf of Aden and Sea of Oman and tasked with escorting ships in international waters.

The “Sahand” commissioned in December 2018, is Iran’s most advanced home-made warship. It has a stealth hull and can travel a further than the previous class destroyers without refueling. It is equipped with surface-to-surface and surface-to-air missiles as well as anti-aircraft batteries and radar and radar evading capabilities.

Iranian naval forces attend a Dec. 1 inauguration ceremony for the destroyer Sahand, in Bandar Abbas, Iran

Tehran’s decision to escort its cargo vessels comes at a time of escalating tensions in the Gulf, with US and UK warships operating in and around the Persian Gulf under the “defensive” premise that Iran is the aggressor behind June’s attacks on two tankers in the Strait of Hormuz. Accusing Tehran of ‘sponsoring terrorism’ and running a secret nuclear program, Washington has beefed up its military in the region with more troops and hardware, including an aircraft carrier and bombers.

In early July, the Iranian tanker Adrian Darya, previously known as Grace 1, was seized off the coast of Gibraltar for allegedly carrying oil to Syria in violation of EU sanctions.

 …click on the above link to read the rest of the article…

“Smoke Will Rise From Tel Aviv”: Iran Warns Israel Against Joining US Maritime Coalition

“Smoke Will Rise From Tel Aviv”: Iran Warns Israel Against Joining US Maritime Coalition

The same day that Iran’s Foreign Ministry issued a formal statement warning that any Israeli involvement in the proposed US-led joint maritime coalition in the Gulf is a “clear threat” to Iran’s national security, a separate statement from a senior government official has threatened war would engulf Israel should it send boats into the Strait of Hormuz.

Senior Advisor to the Iranian Parliament, Speaker Hossein Amir Abdollahian, said Friday that “smoke will rise from Tel Aviv” should Israel joint the United States’ maritime patrol in the gulf.

Image source: AFP

“If Israel enters the Strait of Hormuz, it will be engulfed in the wrath of the region and its smoke will rise from Tel Aviv,” the senior official threatened in a statement posted on Twitter.

According to Reuters, Israeli media had quoted Foreign Minister Israel Katz early in the week as confirming discussions were underway among top defense officials over possibly joining a US maritime protection initiative in the Persian Gulf.

Israel’s role could come down to intelligence-sharing, however, given the explosive potential for conflict should its forces actually deploy in the region. Israeli officials have yet to confirm nor deny the reports. 

Abdollahian’s statement explained further: “Iran has a vital role in the security of the Strait of Hormuz. Any US-led military coalition in the strait is a repetition of Iraq and Afghanistan occupation and escalation of insecurity in the region.”

Iran’s leaders have repeatedly warned that only its forces can secure the vital narrow oil shipping waterway, and have said stepped up western patrols will only destabilize the region. 

The Foreign Ministry has warned this week that Iran’s military reserves the right to “counter this threat and defend its territory,” while referring to any hostile foreign powers on or near its territory. 

Iran Slams “Hostile Message” As 2nd UK Warship Arrives In Crowded Gulf

Iran Slams “Hostile Message” As 2nd UK Warship Arrives In Crowded Gulf

On the same day the large British warship HMS Duncan arrived in the Persian Gulf to assist the MHS Montrose in providing safety escorts to UK-flagged ships against the threat of Iranian seizure in the vital oil transit waterway, Tehran has again slammed the UK-led initiative of a joint European fleet patrolling the region. 

An Iranian government spokesman warned on Sunday that a joint European task force operating so close to Iran’s coast “sends a hostile message” and is “provocative and will increase tensions,” according to semi-official Fars News Agency. The rhetoric is nothing new; however what is new and poses immense danger for the prospect of stumbling toward major conflict is the frequency of US and UK warships’ movement in the increasingly “crowded” narrow Strait of Hormuz

.@HMSDuncan has arrived in the Gulf, where she will support the safe passage of British-flagged ships along with @HMS_MONTROSE, which has already accompanied 35 merchant vessels. Read more: http://ow.ly/5zQn50vegZY 

View image on Twitter
View image on Twitter
View image on Twitter

Britain’s controversial call for a “European-led maritime protection mission”quickly gained the support last week of keyEU nations France and Germany, with Denmark and The Netherlands also joining the initiative. 

The BBC reports that the HMS Montrose has thus far escorted 35 vessels through the strait, according to the Ministry of Defence (MoD). The larger HMS Duncan frigate will further join what Britain has dubbed “freedom of navigation” operations not just for UK vessels but “also our international partners and allies,” according Defence Secretary Ben Wallace.

This as London has kept up pressure for the release of the still impounded Stena Impero, and after Iran’s leaders last week appeared to offer an “exchange” of vessels of sorts, demanding the release of the Grace 1, which had been seized by Royal Marines early this month off Gibraltar. 

 …click on the above link to read the rest of the article…

Brexit, Britain and the Permanent Crisis in the Gulf

Brexit, Britain and the Permanent Crisis in the Gulf

What on Earth were the British politicians and officials thinking who gave the go-ahead for the seizure of the Iranian oil tanker Grace 1 off Gibraltar on 4 July? Did they truly believe that the Iranians would not retaliate for what they see as a serious escalation in America’s economic war against them?

The British cover story that the sending of 30 Royal Marines by helicopter to take over the tanker was all to do with enforcing EU sanctions on Syria, and nothing to do with US sanctions on Iran, was always pretty thin.

The Spanish foreign minister, Josep Borrell, has said categorically that Britain took over the tanker “following a request from the United States to the United Kingdom”.

One fact about Iranian foreign policy should have been hardwired into the brain of every politician and diplomat in Britain, as it already is in the Middle East, which is that what you do to the Iranians they will do to youat a time and place of their own choosing.

The US and UK backed Saddam Hussein in his invasion of Iran in 1980, but this was not unconnected – though it was impossible to prove – with the suicide bombing that killed 241 US service personnel in the marine barracks in Beirut in 1983.

Commentators seeking an explanation for the UK’s seizure of the Grace 1 suggest that it was suckered into the action by super hawks in the US administration, such as the national security adviser John Bolton.

But, given the inevitability of the Iranian reaction against British naval forces too weak to defend British-flagged tankers, the British move looks more like a strategic choice dictated by a lack of other options.

Confrontation with the EU over Brexit means that Britain has no alternative but to ally itself ever more closely to the US.

 …click on the above link to read the rest of the article…

US and Iran Stuck on Negotiation Ground Zero

US and Iran Stuck on Negotiation Ground Zero

Donald Trump says he’s ‘okay either way’, whether there’s war with Iran and Tehran seems to be okay  with that too, warns Pepe Escobar.

All bets are off in the geopolitical insanity stakes when we have the President of the United States (POTUS) glibly announcing he could launch a nuclear first strike to end the war in Afghanistan and wipe it “off the face of the earth” in one week. But he’d rather not, so he doesn’t have to kill 10 million people. 

Apart from the fact that not even a nuclear strike would subdue the legendary fighting spirit of Afghan Pashtuns, the same warped logic – ordering a nuclear first strike as one orders a cheeseburger – could apply to Iran instead of Afghanistan. 

Trump once again flip-flopped by declaring that the prospect of a potential war in the Persian Gulf “could go either way, and I’m OK either way it goes,” much to the delight of Beltway-related psychopaths who peddle the notion that Iran is begging to be bombed

No wonder the whole Global South – not to mention the Russia-China strategic partnership – simply cannot trust anything coming from Trump’s mouth or tweets, a non-stop firefight deployed as intimidation tactics. 

At least Trump’s impotence facing such a determined adversary as Iran is now clear: “It’s getting harder for me to want to make a deal with Iran.” What remains are empty clichés, such as Iran “behaving very badly” and “the number one state of terror in the world” – the marching order mantra emanating from Tel Aviv. 

Even the – illegal – all-out economic war and total blockade against Tehran seems not to be enough. Trump has announced extra sanctions on China because Beijing is “accepting crude oil” from Iran. Chinese companies will simply ignore them. 

…click on the above link to read the rest of the article…

Iran’s Military Vows Attack On All Regional US Bases If War Starts

Iran’s Military Vows Attack On All Regional US Bases If War Starts

Iran has again rejected the prospect of new negotiations with the White House “under any circumstances,” according to an interview with Supreme Leader Ayotallah Ali Khamenei’s Military Adviser Hossein Dehghan, cited in Al Jazeera.

The Islamic Republic’s top military adviser further warned Iran and its regional allies will target all American bases in the region should the US launch war plans, while reiterating Iran’s ability to block the vital Strait of Hormuz to global oil transit. Everyone must be able to freely transit the Persian Gulf waterway or no one at all, Dehghan warned. 

File photo of US troops in Iraq, via the AP

Yesterday, Iranian vice-president, Eshaq Jahangiri, said that Iran rejects UK-led attempts to establish a “joint European task force” to monitor and patrol the Persian Gulf in order to protect international shipping, countering that it would only bring “insecurity”.

“There is no need to form a coalition because these kinds of coalitions and the presence of foreigners in the region by itself creates insecurity,” he said. And added, “And other than increasing insecurity it will not achieve anything else.” France, Italy, the Netherlands and Denmark indicated Tuesday they would support a European-led naval mission to ensure international vessels’ safe passage in the gulf. 

Iran’s Deputy Foreign Minister further informed France directly while in Paris meeting with top French officials including the president, that Iran’s own military forces will “secure” the Strait of Hormuz and will “not allow disturbance in shipping in this sensitive area,” Reuters reported earlier.

Meanwhile, threats and counter threats have continued to fly between London and Tehran, with each demanding the release of their tanker while accusing the other of “piracy”. Early this month the Royal Navy seized the Grace 1, carrying 2 million barrels of oil, off Gibraltar; and in turn Iran last Friday captured the British-flagged Stena Impero in the Strait of Hormuz. 

 …click on the above link to read the rest of the article…

UAE Tanker “Disappears” In Persian Gulf, US Blames Iran

UAE Tanker “Disappears” In Persian Gulf, US Blames Iran 

The plight of a “mystery” UAE tanker that’s gone missing in the Persian Gulf now threatens to again send tensions with Iran soaring. Its location transmission signal was turned off Sunday as it drifted toward Iranian waters and it hasn’t been heard from since, with even United Arab Emirates officials staying silent about it. The AP reports:

Tracking data shows an oil tanker based in the United Arab Emirates traveling through the Strait of Hormuz drifted off into Iranian waters and stopped transmitting its location over two days ago, raising concerns Tuesday about its status amid heightened tensions between Iran and the U.S.

The report details that the Riah, a 58-meter oil tanker which operates frequently in the region, switched off its transponder for the first time in three months after 11pm on Saturday, based on tracking data. 

File image: A fishing boat speeds past an oil tanker in the distance in Fujairah, United Arab Emirates. Source: AP

As of Monday “red flags” were raised as US officials began inquiring of the Riah’s status. CNN’s Pentagon correspondent Barbarra Starr had this to say based on intelligence sources: “US intel increasingly believes UAE tanker MT RIAH forced into Iranian waters over the weekend by #IRGC naval forces. UAE isn’t talking.” 

However, this could be another case of hawkish US intelligence and defense officials hyping a false threat. Starr continued based on her source: “Some Gulf sources say ship simply broke down/towed by Iran. US says though no contact with crew. Last location Qesham Island.

Following the UK’s controversial and aggressive move to seize a tanker carrying 2 million barrels of Iranian oil of Gibraltar earlier this month, Tehran’s military has threatened to in turn intercept UK vessels.

 …click on the above link to read the rest of the article…

Iran Denies Trying To Seize UK Tanker In Persian Gulf After Military Close Encounter

Iran Denies Trying To Seize UK Tanker In Persian Gulf After Military Close Encounter

Update:

Iran’s Islamic Revolutionary Guard Corps (IRGC) denied reports that their patrol boats tried to stop a British oil tanker in the Persian Gulf, with IRGC’s naval unit stating that “there were no encounters between the Iranian warships and foreign vessels at the time when the incident is alleged to have taken place,” according to Fars News.

The IRGC also reiterated that they are prepared to “act swiftly and decisively” should they receive an order to capture any foreign ship.

London said three Iranian patrol boats attempted to stop its oil tanker, ‘British Heritage,’ as it was sailing through the Strait of Hormuz to the Persian Gulf. According to the British government statement, the Iranian vessels were forced to back away after receiving a warning from the Royal Navy frigate, HMS ‘Monrose,’ which was escorting another tanker in the area.

As reported previously, tensions between Tehran and London escalated last week when the Royal Marines and Gibraltar’s police seized a Panama-flagged and Singapore-owned supertanker near the Strait of Gibraltar. The ship was suspected of transporting oil to Syria in violation of the EU sanctions on Damascus.

* * *

Earlier:

With the Persian Gulf uncharacteristically quiet in recent days, without any material provocation either real of staged, late on Wednesday CNN reported that three armed Iranian Islamic Revolutionary Guard boats unsuccessfully tried to seize a British oil tanker in the Persian Gulf. There was no independent verification of the report, but instead it was once again sourced to those who stands to gain the most from a way with Iran, namely “two US officials with direct knowledge of the incident.”

 …click on the above link to read the rest of the article…

Persian Gulf Conflict Could Send Oil Beyond $325

Persian Gulf Conflict Could Send Oil Beyond $325+

Drone

The possibility of Iran attempting to close the Strait of Hormuz to tanker traffic has increased significantly in recent weeks, as has the possibility of a Persian Gulf War, especially with the Islamic Republics’ intentional destruction of a U.S. surveillance drone on June 20.

This act provides weight to Tehran’s threat that it will inflict a heavy toll on U.S. allies in the region if attacked by American forces and will not allow these same countries to export their oil if it can’t export its own.

The memory remains remarkably fresh in Iran of the 1951-53 oil embargo that toppled the democratically-elected government of Prime Minister Mohammed Mossadegh – and the CIA installing the despot Mohammad Reza Pahlavi, the so-called Shah of Iran, in his place.

The impact on oil markets of an Iranian closure of the Strait of Hormuz would be enormous.

Strait of Hormuz Closure

The leadership of the Iranian Navy and the Revolutionary Guard Navy, knowing they could never challenge the U.S. in a conventional naval contest, have been accumulating considerable asymmetric and other capabilities to enable the Islamic Republic to close the Strait of Hormuz since the “tanker war” in the Persian Gulf during the 1980-88 Iran-Iraq War.

These capabilities include thousands of sea mines, torpedoes, advanced cruise missiles, regular-sized and mini-submarines, and a flotilla of small fast-attack boats, most of which are concentrated in the strait region. Related: Oil Prices Set For Worst Weekly Drop In Five Weeks

Pentagon planners believe Iran would use all of these capabilities in an integrated fashion to both disrupt maritime traffic in the Strait of Hormuz and attempt to deny American and allied forces access to the region. Iranian naval forces are viewed as a “credible threat” to international shipping in the strait.

 …click on the above link to read the rest of the article…

British Oil Tanker Seeks Shelter Over Fears It Could Be Seized By Iran

British Oil Tanker Seeks Shelter Over Fears It Could Be Seized By Iran 

After a former IRGC commander exhorted his government to take a British oil tanker hostage following the seizure by Royal Marines last week of a vessel hauling Iranian crude, an oil tanker run by British Petroleum is sheltering in the Persian Gulf over fears it could soon be seized by Iran in a tit-for-tat response, Bloomberg reports.

Tanker

British Heritage

The tanker, which is named ‘British Heritage’, is able to haul about 1 million barrels of crude. It had been sailing toward Iraq’s Basrah oil terminal when it made an abrupt U-turn over the weekend.

The ship is now hanging out near Saudi Arabia’s coast because BP is reportedly worried that the vessel could be targeted if Iran seeks to retaliate for the seizure of the tanker Grace 1 on Thursday. 

The Grace 1 was seized after being caught transporting Iranian crude, in breach of sanctions.

British Heritage, registered in the Isle of Man and flying under the British flag, had been chartered by Royal Dutch Shell Plc to transport crude from Basrah to northwest Europe. However, it never collected its cargo and the booking was canceled.

Of course, the ship won’t be able to pass through the Strait of Hormuz, the chokepoint through which about 1/3 of global oil shipped by sea moves, without sailing close to Iran’s coast. It’s unclear how long the ship will be sheltering for.

Map

Iran’s deputy foreign minister said on Sunday he considered the seizure of Grace 1 to be an ‘act of piracy,’ while a former leader of Iran’s Revolutionary Guard said the Islamic Republic should take a British tanker in response.

While it’s owners apparently believe the British Heritage to be ‘safe’ in Saudi custody, we wouldn’t be surprised if it was conveniently and mysteriously ‘bombed’ like the handful of other tankers over the past few months – an incident that the UK and KSA would have no problem pinning on the Iranians.

Instigators of a Persian Gulf Crisis

Instigators of a Persian Gulf Crisis

Photograph Source: Mehrnews – CC BY 4.0

Recent weeks have seen tensions between the United States and Iran soar, initially after a May 2019 incident in which four commercial vessels were struck in the Gulf of Oman (two Saudi oil tankers, one Norwegian and an Emirati ship), ebb thereafter and escalate yet again when a similar attack took place a month later on the Japanese Kokuka Courageous and Norwegian Front Altair tankers, also in the Gulf of Oman. Tellingly, when it appeared the war rhetoric had subsided after the first incident it quickly ratcheted up, and by several degrees, after the second, as if the May episode had failed to achieve its goal. President Trump’s apparent last-minute change of heart in calling off planned airstrikes when Iran downed a U.S. military surveillance drone last Thursday highlights the war footing Washington is on.

Both tanker assaults were allegedly at the hands of Iran, that is, according to Saudi King Salman, Crown Prince Muhammad bin Salman, U.S. Secretary of State Mike Pompeo and National Security Advisor John Bolton, albeit by unclear means and for dubious reasons.

It did not take long for doubts to surface as to why Iran would attack a Japanese tanker in the midst of Prime Minister Shinzo Abe’s visit to Tehran in an attempt to mediate between it and Washington. The suspect authenticity of a grainy video released by U.S. Central Command purportedly showing an Iranian patrol boat removing an unexploded limpet mine from the tanker also raised skepticism (the crew indicated they were hit by a flying objectnot a mine).

 …click on the above link to read the rest of the article…

Ten Minutes to War

Ten Minutes to War

Donald Trump pulled back from igniting a potentially disastrous war in the Persian Gulf on Thursday night with just 10 minutes to spare, but the super-hawks he surrounded himself with will probably try again, writes Joe Lauria.

The commander-in-chief acted like one, if only briefly, on Thursday night when he said he called off air strikes on Iran—and potentially a devastating war in the Persian Gulf—with just ten minutes to spare, because he says a general told him to expect around 150 Iranian civilian deaths.

Donald Trump tweeted Friday morning:

 “On Monday (sic) they shot down an unmanned drone flying in International Waters. We were cocked & loaded to retaliate last night on 3 different sights when I asked, how many will die. 150 people, sir, was the answer from a General. 10 minutes before the strike I stopped it, not……..proportionate to shooting down an unmanned drone. I am in no hurry, our Military is rebuilt, new, and ready to go, by far the best in the world. Sanctions are biting & more added last night. Iran can NEVER have Nuclear Weapons, not against the USA, and not against the WORLD!” 

It seems unlikely that a president would have to ask at the last minute about potential civilian casualties, unless the Pentagon has become so callous as to not have figured that into its war planning.  A more likely scenario is that Donald Trump was in an epic struggle with his most hawkish national security advisers—Secretary of State Mike Pompeo and National Security Advisor John Bolton—and with himself, and that he could not decide what to do until literally the last ten minutes, using the excuse of civilian deaths to pull back.

 …click on the above link to read the rest of the article…

Persian Gulf oil export peak after tanker attacks?

Persian Gulf oil export peak after tanker attacks?

Tankers holed and burning in the Gulf of Oman are not a good sign for future oil exports from the Persian Gulf.

Front_Altair_13Jun2019
Fig 1: Norway’s Front Altair burning with 75,000 tons of naphtha on board en route from Ruwais (UAE) to Kaohsiung (Taiwan)
The tankers Front Altair and Kokuka Courageous movements are shown in this still image taken from an animation obtained on Thursday from social media
Fig 2: Movements of Front Altair and Kokuka Courageous on 13 Jun 2019
https://in.reuters.com/article/mideast-tankers-facts/latest-on-suspected-attacks-on-tankers-in-gulf-of-oman-idINKCN1TE1H3

Oil exports from the Persian Gulf have been peaking in the last 3 years 2016-2018 at around 22.3 mb/d. That was before the US sanctions on Iran were tightened in the 1st half of 2019.

Persian-Gulf-oil-exports_1965-2018
Fig 3: Persian Gulf oil exports 1965-2018

Exports are defined here as the difference between oil production (crude oil, condensate and NGLs) and oil consumption with latest data taken from the BP Statistical Review published 11/6/2019.
https://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html

Let’s go through this country by country with a focus on the period since 2005 when global (conventional) crude oil production started to peak.

SaudiArabia_net-oil-exports_1965-2018

The drop in Saudi exports after 2005 happened in 2 phases: first, production decline until mid 2007 – which contributed to the oil price shock in 2008 and then secondly lower demand during the 2009 financial crisis. The warnings in Matt Simmons’ book “The coming Saudi oil shock and the world economy” has materialized to some extent without this being recognised by governments, the private sector, the media and the public at large.

30/10/2018 Saudi Update October 2018 http://crudeoilpeak.info/saudi-update-october-2018

5/7/2018 Saudi Arabia was supposed to pump almost 14 mb/d in 2018
http://crudeoilpeak.info/saudi-arabia-was-supposed-to-pump-almost-14-mbd-in-2018

Iraq_net-oil-exports_1965-2018

Sanctions imposed on Iraq after Desert Storm were replaced by an oil for food program started in 1995. It limited Iraq’s oil exports to around 2 mb/d. The objective of the 2003 Iraq war was remove this cap. It was only in 2011 that this export level was exceeded.

Iran_net-oil-exports_1965-2018
Fig 6: Iran net oil exports

 …click on the above link to read the rest of the article…

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