• 4 minutes Tariffs to derail $83.7 Billion Chinese Investment in West Virginia
  • 9 minutes Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 17 minutes Kaplan Says Rising Oil Prices Won't Hurt US Economy
  • 6 mins Could Venezuela become a net oil importer?
  • 1 hour Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 4 hours Saudi Arabia plans to physically cut off Qatar by moat, nuclear waste and military base
  • 3 hours Tesla Closing a Dozen Solar Facilities in Nine States
  • 10 mins Why is permian oil "locked in" when refineries abound?
  • 4 hours EU Leaders Set To Prolong Russia Sanctions Again
  • 12 hours Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 16 hours Teapots Cut U.S. Oil Shipments
  • 49 mins Oil prices going down
  • 7 hours Saudi Arabia turns to solar
  • 12 mins Gazprom Exports to EU Hit Record
  • 1 hour Could oil demand collapse rapidly? Yup, sure could.
  • 17 hours Hot line, Macron: Phone Calls With Trump Are Like Sausages Best Not To Know What Is Inside
  • 21 hours Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
  • 5 hours China’s Plastic Waste Ban Will Leave 111 Million Tons of Trash With Nowhere To Go
  • 1 day Corruption On The Top: Netanyahu's Wife Charged With Misuse of Public Funds for Meals
Alt Text

U.S.-China Trade War Will Hurt Shale Drillers

The latest escalation in the…

Alt Text

Venezuela Won’t Have Enough Oil To Export By 2019

GlobalData recently projected that Venezuela’s…

Alt Text

Is Russia Bailing On The OPEC Deal?

Russia, the world’s largest oil…

Editorial Dept

Editorial Dept

More Info

Trending Discussions

Global Energy Advisory February 12th 2016

Politics, Geopolitics & Conflict

• Saudi Arabia continues to reel under the pressure of conflicts on its border and burgeoning geopolitical threats to its stability. Following suicide bombings the week before, earlier this week, seven Education Ministry workers were killed in the Al-Dair governorate of Jazan by a single gunman on a rampage. There is no indication that this is connected in any way to the Islamic State or to the conflict in Yemen, but the governorate is in the north, in the area that borders Yemen, and tensions have been mounting for some time. In October in the city of Jazan, another gunman opened fire in a bank, killed two and wounding two others. Jazan is one location in Saudi Arabia that is being targeted by missiles coming from across the border in Yemen. Earlier this week, the authorities claimed to have shot down a ballistic missile targeting the city.

• Tensions have significantly escalated between North and South Korea since Pyongyang carried out a nuclear test in January and then followed that with a long-range rocket launch last weekend. North Korea has now evicted all South Koreans from a jointly run industrial zone at Kaesong and taken control of all South Korean factory assets there. This was in retribution for South Korea’s announcement that it would be closing the complex, which Pyongyang has interpreted as a declaration of war. Kaesong is some six miles inside North Korea, which is now moving to put the area under…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News