• 3 minutes In a Nutshell...
  • 5 minutes CV19: New York 21% infection rate + 40% Existing T-Cell immunity = 61% = Herd Immunity ?
  • 7 minutes Australian renewables zone attracts 27 GW of solar, wind, battery proposals
  • 9 minutes Why Oil could hit $100
  • 12 hours COVID is real now
  • 1 day Is Biden the poster child for White Privilege ? DNC needs to replace him now before it's too late.
  • 19 hours The Boris Yeltsin of America
  • 15 hours Where is Alberta, Canada headed?
  • 1 day Why Putin is popular in Russia
  • 8 hours Is The Three Gorges Dam on the Brink of Collapse?
  • 10 hours Joe Biden offers advice to correct the public health
  • 15 hours There Has Been No Trump Manufacturing Boom Even Before Covid
  • 1 day Fauci: "USA will soon have 100K new cases per day". Trump re(p)-lies: "The problem has been fixed"

Breaking News:

Oil Climbs On Major Crude Draw

YEMEN: Not an Iranian Invasion

Bottom Line: US claims that Iran is smuggling weapons to Shi’ite Houthi militants in Yemen come as Yemen embarks on a serious restructuring of the military to rid it of elements loyal to the former regime, which in turn is using militants attached to al-Qaeda on the Arabian Peninsula (AQAP) to sabotage oil operations and undermine the interim government. There is an Iranian presence in Yemen and this will likely be increased as Iran becomes more fully isolated in the Middle East and seeks proxy theaters to boost its strength, but this presence is still embryonic and by no means represents an Iranian “invasion” as Israeli and Western media would have us believe.

Analysis: Yemen and US claims that Iran was behind a recent shipment of shoulder-fired anti-aircraft missiles to Yemen lack evidence and should be understood on a geopolitical level and against the backdrop of a number of developments that have led to an intensification of the security situation: 1) the military has formed specialized teams to manage its restructuring; 2) the representatives for a National Dialogue were named on 13 February; 3) demonstrations have reached a dangerous level in Taiz; 4) a key oil pipeline in the Marib governate was blown up.

Iran denies involvement in the arms shipment, while the Yemeni government claims the arms were destined for the northwestern frontier where Shi’ite Houthi rebels are in a long-running standoff with the government of Yemen.…




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