During the late June 2019 crisis in the Persian Gulf, the American president made a startlingly candid observation (even by his standards): “China gets 91 percent of its oil from the Straight (sic), Japan 62 percent, and many other countries likewise. So why are we protecting the shipping lanes for other countries (many years) for zero compensation. […]
U.S. dependence on foreign oil has shifted. Thus, America’s interests are no longer as vulnerable to negative events in the Middle East as they were in 1980. Read Here – The National Security
On the occasion of his visit to Saudi Arabia, his second in three years, India’s Prime Minister Narendra Modi said that the two countries have been working together within the G20 to reduce inequality and promote sustainable development. Modi said with the signing of an agreement on a Strategic Partnership Council, already robust and deep […]
Between US President Donald Trump’s zero-sum disputes with China and Iran, UK Prime Minister Boris Johnson’s brinkmanship with Parliament and the European Union, and Argentina’s likely return to Peronist populism, the fate of the global economy is balancing on a knife edge. Any of these scenarios could lead to a crisis with rapid spillover effects. […]
Almost immediately after the attack on a major Saudi Aramco oil production facility in Abqaiq, the first fingers were pointed at Iran…As Saudi oil production halved and U.S. gasoline prices spiked, President Donald Trump raised the stakes. He warned that the United States was “locked and loaded” following identification of the perpetrator. This led numerous outlets to claim that a U.S.-Iran […]
U.S. President Donald Trump said the United States was “locked and loaded” for a potential response to the attack on Saudi Arabia’s oil facilities, after a senior U.S. administration official said Iran was to blame. Trump also authorised the use of the U.S. emergency oil stockpile to ensure stable supplies after the attack, which shut […]
Iran has dismissed accusations by the United States that Tehran was behind drone attacks that set ablaze two major Saudi Aramco oil installations, as Saudi Arabia raced to restore operations at the damaged facilities. Yemen’s Houthi rebels claimed responsibility for Saturday’s assault on Abqaiq – the world’s largest oil processing plant – and the Khurais oilfield. The […]
The implications of China owning a large “stake” in what will likely become strategic Arctic waterways is concerning since China could use its economic leverage to deny passage to U.S. or allied ships or those ships that threaten its interests. To be clear, this has not happened and China has not declared that this is […]
The Strait of Hormuz links the majority of the world’s people who live along the shores of Asia and East Africa to the heart of the Middle East. Long before the discovery of oil, it was the world’s carotid artery. Cut off the blood supply almost anywhere else and the world would adapt. Here, however, […]
Ayatollah Ali Khamenei’s 30-year reign at the helm of Iran reveals a dual Machiavellian modus-operandi as supreme leader—puppeteer for the elected and patron for the unelected—and explains the current power dynamic in Tehran. Read Here – The National Interest
looking beyond borders 