On the arid landscape of the Arabian deserts, the outgoing US president Donald Trump and his son-in-law Jared Kushner planted a sapling called the Abraham Accords last August. They forecast it to be the harbinger of a future vineyard of luscious grapes, richly satisfying and arousing desire, which they hoped […]
Tag: Saudi Arabia
“Making billions from arms exports which fuel the conflict while providing a small fraction of that in aid to Yemen is both immoral and incoherent.” So thundered Oxfam’s Yemen Country Director, Muhsin Siddiquey after consulting figures from the Stockholm Peace Research Institute (SIPRI) showing that members of the G20 have […]
Silencing Saudi journalist Jamal Khashoggi in Istanbul was a feat of primeval brutality that sent a shudder through even the most hardened officials. The House of Saud, and in particular certain members of it, had gotten a taste for blood. Soon after Khashoggi’s slicing and dicing in the Saudi consulate […]
The UK’s imposition of so-called “humanitarian sanctions” against 49 individuals from Myanmar, North Korea, Russia, and Saudi Arabia that it claims are supposedly involved in “human rights abuses” is nothing more than London following its “big brother’s” lead from “across the pond” in the post-Brexit era, proving that the former […]
During the quarter of Western lockdown, the map of the Middle East was profoundly transformed. Yemen has been divided into two separate countries, Israel is paralysed by two Prime Ministers who hate each other, Iran openly supports NATO in Iraq and Libya, Turkey occupies northern Syria, Saudi Arabia is close to bankruptcy.
While most people are absorbed by the time-distribution measures of the epidemic, the Saudis are questioning the power of their American protector. A showdown between Riyadh and Washington, which was already disrupting the world economy before the spread of Covid-19. President Trump considered taking control of Saudi and Venezuelan oil, which apparently led him to forge new alliances.
A perfect deal is where all protagonists get something out of it. All oil-producing countries stand to gain if oil price rebounds. In bare bones, the OPEC+ group led by Saudi Arabia and Russia finalised in a nail-biting photo finish on Sunday an agreement to steeply cut oil production by […]
The emergency OPEC+ talks that are scheduled for 9 April are the next step in the “New Detente” between the US and Russia even though America won’t formally be represented at that meeting seeing as how Moscow is making moves that show its interest in stabilizing the global energy markets […]
On Monday, the US President Donald Trump literally bit the bullet by telephoning Russian President Vladimir Putin to discuss the state of the energy markets, which are at a crisis point not seen in history. As of last weekend, global oil prices collapsed by over 50 percent and are the […]
While Europeans and Arabs are being absorbed by the coronavirus, Anglo-Saxons are changing the world order. Under US command, the United Kingdom took control of the Red Sea entrance; the United Arab Emirates turned on Saudi Arabia and inflicted a bitter defeat on South Yemen, while the Houthis did the same in North Yemen.
The common refrain is that Saudi Arabia has launched an oil price war against Russia by boosting production and selling at discounted price, which, coming on top of the pressure from demand destruction caused by climate change action and the onslaught on the global financial system from the coronavirus pandemic, […]
Russia’s rejection of its OPEC+ partners’ request to further reduce oil production in response to slumping demand prompted Saudi Arabia to unwisely initiate an oil price war over the weekend as revenge, one which the Gulf country is ill-equipped to wage and which could prospectively catalyze a global economic crisis. […]