There are too many coincidences. There are just too many to think that the missile downing of Malaysian flight 18, flying from Amsterdam to Kuala Lampur was a mistake. And oil seems to be a major part of the coincidences.
This is what we know. We know that the flight that was downed was from Malaysia, an Islamic island nation not really on anyone’s support list right now, particularly considering the last botched airline mishap, the still unrecovered MH 370. Is anyone about to go to war because of a downed Malaysian aircraft? Well, let’s just say that the possible repercussions would be a lot scarier if that plane was marked Air France or United.
We know that the plane was shot down right at the border of Ukraine and Russia, right at the flash point of hostilities, right where Russian separatists are operating and controlling the region. One way or the other, Russia has a hand in the shooting here.
We know that US sanctions were ratcheted up yesterday, ostensibly to hit on the banking system, but really to hit an even more delicate target. The prime bank on the list of sanctions was for Gazprombank, the financial arm of the largest Russian oil company. This round of sanctions wasn’t about banking – it was about oil.
And the Russian stock market reacted to it quickly, dropping more than 3% in a day. This round of sanctions was immediately and strongly felt –…