The Mideast has its own variety of crazy humor. The Saudis have been blasting and bombing wretched Yemen, one of this world’s poorest nations, since 2015. These US-supported attacks and a naval blockade of Yemen imposed by Saudi Arabia and its sidekick ally, the United Arab Emirates, have caused mass […]
The geopolitical faultlines of the drone attack on the Saudi Aramco plants on Saturday are surfacing. These are early days but three broad trends have appeared. One, Saudi investigators have begun pointing finger at Iran, which is certain to exacerbate regional tensions. Two, the all-important US response to the event […]
The attack on the world’s largest oil processing facility at Abqaiq in Saudi Arabia southwest of Aramco’s headquarters in Dhahran had a few predictable responses. Given that the facility has a daily output of some 5.7 million barrels, damaging it was bound to cause a spike in the price of […]
The India-Saudi relationship was historically a finely poised balance of mutual interests despite all contradictions. Its glacial pace had an inner logic — don’t push too hard, as life is real. But the Modi government quickened the pace — probably with an eye on Muslim politics. Petrodollar recycling is largely […]
The seizures of vessels constitute a recipe for a tit-for-tat calamity. We are already seeing the bitter fruit of the harvest arising out of the seizure of Grace I. Two oil tankers – the UK registered Stena Impero, and the Mesdar, another Liberian registered vessel though British operated – were subsequently seized in the Strait of Hormuz.
If the tragicomical ‘Deal of the Century’ were to actually come to pass, what will become of the Palestinians, sold down the river by their Arab oil brothers? The Trump administration has not yet specified the details. The unwritten hope is that the two million Palestinians in the Gaza hellhole will remain there, locked up by Israel and Egypt.
The Trump administration has released a range of photographic and video evidence in support of its claim that intelligence proves how Iran attacked a Japanese-owned oil tanker near the Strait of Hormuz. But a Canadian military analyst and former Navy officer for nearly twenty years has called the evidence into […]
The rise of tension in the Gulf is a dangerous game which could turn bloody at any moment. The unclaimed sabotage of the tankers could have been perpetrated by almost any of the parties, including the United States, who are well-versed in the use of false-flag operations. However, rational analysis shows that Teheran today is not at all in this state of mind.
Who is attacking oil tankers in the Gulf between Oman and Iran? So far, the answer is still a mystery. The US, of course, accuses Iran. Iran says it’s the US or its local allies Saudi Arabia and the United Arab Emirates. Magnetic mines are blamed for the damage, though […]
Dollar signs flashed with seductive calling: oil exploration in the Great Australian Bight could see “more than 2,000 jobs in South Australia” while generating some $7 billion in average annual tax revenue for state and federal governments. A future indirect effect is also praised: between 2020 and 2060, additional activity and “associated tax revenue” would see the creation of 5,000 jobs.
Trump’s irrational quest to crush Iran could very well turn the rest of the world against Washington. But Trump & Co. don’t seem to care. Someone must tell Trump’s out of control administration to stop trying to overthrow governments it does not like around the globe and promoting itself as the Second Coming of Christ.
The United States have become the leading world producer of hydrocarbons. As from now, they are using their dominant position exclusively to maximise their profits, and do not hesitate to eliminate their major rivals in oil production, plunging their citizens into misery.