Submitted by Tyler Durden o Despite OPEC’s El-Badri proclaiming that Iran and iraq “didn’t refuse to join the production freeze,” oil prices are tumbling this morning on comments from Iran’s oil minister that OPEC’s call […]
Submitted by Tyler Durden Update: At least two sources confirm that Turkey also fired on the Syrian army on Saturday, an exceptionally provocative move. Update: Washington has now weighed in and is asking the Turks […]
by John Rubino It seems that at least some OPEC members are starting to panic: War of words breaks out among OPEC members (CNN Money) – Is the pain of low oil prices becoming unbearable […]
by John Rubino The latest Middle East news is right out of ISIS’ medieval playbook. But it’s not (at least not all) ISIS. US ally Saudi Arabia apparently decided to start the New Year off […]
Submitted by Tyler Durden Authored by Pepe Escobar, originally posted at Sputnik News, Nobody needs to read Zbigniew “Grand Chessboard” Brzezinski’s 1997 opus to know US foreign policy revolves around one single overarching theme: prevent […]
by Tyler Durden Having exposed the world yesterday to the 2-mile long line of tankers-full’o’crude heading from Iraq to the US, several weeks after reporting that China has run out of oil storage space we […]
by Tyler Durden After some initial excitement, November has seen crude oil prices collapse back towards cycle lows amid demand doubts (e.g. sllumping China oil imports, overflowing Chinese oil capacity, plunging China Industrial Production) and […]
US foreign policy at work by Chris Martenson Without any doubt, the Middle East has been a very long-simmering region of violent religious and tribal enmity. In that regard, perhaps today is no different than […]
Covert Geopolitics “It is technically difficult to target a plane on that level,” Ismail told reporters, saying it’s too early to give a reason for the crash. It’s not clear that the Islamic State group in […]
by John Rubino There’s always a war going on somewhere — frequently, alas, with the US either instigating or providing the weapons. But lately the tension has risen to Cold War levels, with lots of […]
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