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Geopolitics / Middle East

How Much Does The U.S. Spend On Defending Global Oil Supplies?

How Much Does The U.S. Spend On Defending Global Oil Supplies?

Sep 24, 2018 at 13:39 | Tim Daiss

President Trump’s insistence that the U.S. is unfairly shouldering the cost of protecting global sea shipping lanes for major oil producing nations received a new boost last week. A report…

Saudis Expand Mining Sector As Part Of Diversification Push

Saudis Expand Mining Sector As Part Of Diversification Push

Sep 21, 2018 at 16:50 | Oxford Business Group

Mining grew by 6.3 percent year-on-year (y-o-y) in the first quarter of 2018, according to data issued by the General Authority for Statistics on July 2. Coupled with expansion in…

Is A New Crisis Brewing In The Saudi Royal Family?

Is A New Crisis Brewing In The Saudi Royal Family?

Sep 07, 2018 at 17:11 | Cyril Widdershoven

Major changes are never going without instability, conflict and possible crisis. Saudi Arabia’s dramatic change to diversify its economy away from an oil-based rentier state status is not going as…

Washington Announces Sanctions On Syrian Oil Industry

Washington Announces Sanctions On Syrian Oil Industry

Sep 07, 2018 at 09:11 | Irina Slav

The U.S. Department of Treasury announced sanctions against five Syrian companies and four individuals on allegations of facilitating crude oil shipments and financing to the Assad government, Reuters reports,…

Iraq Is Facing A Major Internal Crisis

Iraq Is Facing A Major Internal Crisis

Sep 05, 2018 at 15:33 | Cyril Widdershoven

Despite the fact that production and export figures presented by Iraqi sources are showing a significant improvement, optimism should be tempered. Iraq continues to head towards a major showdown between…

Houthis Claim Successful Attack On Aramco Oil Facility

Houthis Claim Successful Attack On Aramco Oil Facility

Sep 04, 2018 at 09:12 | Irina Slav

Yemen’s Houthi rebels have claimed a successful attack on an unidentified oil facility of Saudi Aramco in Jizan, according to a report in Iranian state news agency IRNA. The…

Iranians Are Turning To U.S. Dollars To Offset Sanctions

Iranians Are Turning To U.S. Dollars To Offset Sanctions

Aug 29, 2018 at 16:53 | Tim Daiss

In a development that must be hard to stomach for the political elite in Tehran, many Iranians are turning to U.S. dollars to offset the impact of sanctions and a…

Iran Claims It Has Full Control Over The World’s Most Important Oil Chokepoint

Iran Claims It Has Full Control Over The World’s Most Important Oil Chokepoint

Aug 29, 2018 at 11:23 | Tsvetana Paraskova

As the first round of U.S. sanctions on Iran kicked in earlier this month and the second round of sanctions—including on Iranian oil exports—is set to snap back in early…

Warship Or Oil Tanker – What Did The Houthis Hit?

Warship Or Oil Tanker – What Did The Houthis Hit?

Aug 06, 2018 at 12:33 | Irina Slav

Late last month, reports emerged from Saudi Arabia and its Gulf allies that the Yemen Houthi rebels had attacked two Saudi oil tankers in the strait of Bab el-Mandeb,…

Trump vs Iran: A War Of Words

Trump vs Iran: A War Of Words

Aug 02, 2018 at 16:12 | Tsvetana Paraskova

The war of words between the United States and Iran has been heating up as the return of U.S. sanctions threatens to take more than 1 million bpd of Iranian…

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