• 9 minutes WTI @ 67.50, charts show $62.50 next
  • 11 minutes The EU Loses The Principles On Which It Was Built
  • 19 minutes Batteries Could Be a Small Dotcom-Style Bubble
  • 7 hours Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 6 hours Saudi Fund Wants to Take Tesla Private?
  • 8 hours Starvation, horror in Venezuela
  • 6 hours Corporations Are Buying More Renewables Than Ever
  • 11 hours Are Trump's steel tariffs working? Seems they are!
  • 10 hours How To Explain 'Truth Isn't Truth' Comment of Rudy Giuliani?
  • 12 hours China still to keep Iran oil flowing amid U.S. sanctions
  • 12 hours Is NAFTA dead? Or near breakthrough?
  • 2 hours Saudi PIF In Talks To Invest In Tesla Rival Lucid
  • 3 hours Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 2 hours CO2 Emissions Hit 67-Year Low In USA, As Rest-Of-World Rises
  • 3 hours Film on Venezuela's staggering collapse
  • 8 hours The Discount Airline Model Is Coming for Europe’s Railways
Editorial Dept

Editorial Dept

More Info

Trending Discussions

Global Energy Advisory December 18th 2015

Politics, Geopolitics & Conflict

• The Turks have launched a ‘decisive’ military campaign against the Kurds in southeastern Turkey, forcing some 200,000 people to flee their homes so far as the government goes after the PKK (Kurdistan Workers’ Party). This will create further instability in Turkey and weaken the fighting forces trying to push back the Islamic State in northern Syria. This fight with the PKK will be protracted, and there will be no clear winner, but plenty of losers.

• And, keeping to form, Turkey’s military foray into Iraq is being met with high-level unrest, with some 4,000 Iraqis protesting this week in Baghdad and oil-rich Basra, calling on Turkish troops to be removed from their positions around Mosul in northern Iraq. We’ll see how long the Turks can hold onto their theory that ISIS is part of their pathway to a new Ottoman Empire after IS launched an attack on Mosul that took out four Turkish troops along with seven Kurdish Peshmerga forces last Wednesday.

• The European Union is—at the time of writing—meeting to decide whether to extend sanctions against Russia for another six months. Countries that may block this extension include Hungary, Cyprus, Greece and Italy.

• As the geopolitical playing ground heats up, Afghanistan, Turkmenistan, Pakistan and India have broken ground on the $10-billion TAPI pipeline—a 1,735-kilometer pipeline that will carry 33 billion…

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