March 15, 2022 by Michael Snyder The economic sanctions that have been imposed upon Russia have caused immense damage, but a loss of the petrodollar would be absolutely devastating for the U.S. economy. Since making an agreement […]
By Dr. Paul Craig Roberts Readers at home and around the world want to know what to make of the announcement that China henceforth will conduct oil purchases and sales in gold-backed Chinese currency. Is this […]
by Tyler Durden Authored by Andrew Korybko via Oriental Review, Even in this era of global paradigmatic changes, Saudi Arabia’s shifting grand strategy is perhaps one of the most surprising developments to occur thus far, but […]
by Thierry Meyssan The drop in oil prices has given the lie to the «Hubbert peak» theory. There will probably not be a penury of energy in the coming century. The price decrease is also […]
by Tyler Durden With the topic of Saudi Arabia’s involvement in the Sept 11 attack on everyone’s lips, if certainly not those of president Obama who is currently in Riyadh where he is meeting with […]
By Michael Snyder, on January 18th, 2016 Last time around it was subprime mortgages, but this time it is oil that is playing a starring role in a global financial crisis. Since the start of […]
by Raúl Ilargi Meijer Russell Lee Tracy, California. Tank truck delivering gasoline to a filling station 1942The first thing that popped into our minds on Tuesday when WTI oil briefly broached $30 for its first […]
by Tyler Durden While military direct intervention by US, Turkish, and Gulf forces over Syrian soil escalates with every passing day, even as Islamic State forces capture increasingly more sovereign territory, in the central part […]
By Kurt Cobb The characteristic feeling of the post-2008 world has been one of anxiety. Occasionally, that anxiety breaks out into fear as it did in the last two weeks when stock markets around the […]
By Mahdi Darius Nazemroaya Everything about the war on Yemen is a smokescreen. Concealed behind the smoke is a tale of geopolitics and petro-politics that aims to control the Bab-el-Mandeb Strait and the Gulf of […]
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