Tag: OPEC

Salman and Biden

Why The Gulf States’ SCO Membership Is S Big Deal

Washington has backtracked from the dissimulation by the US National Security Advisor Jake Sullivan that  Washington had intelligence suggesting Iran was preparing to provide Russia with “several hundred” drones to use in Ukraine, with training sessions set to begin in July. On July 26, NSC spokesman John Kirby, clarified his boss’ remark […]

Orban

EU Stumbles Over Russian Oil Slick

The European Union officials are insisting that oil sanctions against Russia are coming. On Sunday, France’s Ecological Transition Minister Barbara Pompili was certain that “we will reach (an agreement) by the end of the week.” But the Organisation of Petroleum Exporting Countries (OPEC)  has warned EU that it would be […]

OPEC

Oil Price Stalks Another Superpower

In the geopolitical folklore, Afghanistan is supposed to have caused the end of the Soviet Union but in reality, the war wouldn’t have been a “bleeding wound” by 1989 had it not been for the precipitous fall in the Soviet income from oil exports. The expert opinion is today that […]