The environmental movement is not explicitly pro-war and at times its loudest advocates have even been openly anti-war. But when it comes to what green parties and mainstream parties enacting green legislation actively accomplish, the story becomes quite different. It is easy to passionately scream “no war for oil” but […]
Tag: oil
America’s Status as Top Oil Producer Presents The Perfect Opportunity to Pivot Back Towards The Gold Standard
Although he is likely to win a second term, Donald Trump has already accomplished something that will stand as a benchmark of his future legacy. It was on Trump’s watch that for the first time since the fateful year of 1973 that the United States reclaimed its position as the […]
A Potentially Oil Rich Pakistan Must Avoid The “Black Gold Rush” Mentality
Multiple sources are reporting that previously untapped oil reserves off the cost of Karachi may be far larger than previously expected. It is thought that at minimum, the oil could carter to all of Pakistan’s domestic needs and that in all likelihood, it will eventually transform Pakistan into a major […]
OPEC+ to Cut Oil Production as Russia, Saudi Arabia And Iran Make Win-Win Agreement
The idea that Iran and Saudi Arabia would agree on anything seems anathema to current trends in geopolitics, but when it comes to oil production, Iran and its fellow members of the de-facto Saudi led OPEC have just secured an important accord that allows the majority of OPEC’s members to […]
China Puts Great Emphasis on Xi’s Forthcoming Visit to The Philippines
In two days time, President Xi Jinping will travel to the first ever APEC conference held in Papua New Guinea. After that he will travel to Brunei before making an historic visit to The Philippines. Crucially, Chinese media has emphasised the unique significance of Xi’s visit to The Philippines over and above […]
Erdogan’s Staunch Independence Pays Off: Turkey to be Granted Sanctions Waiver Over Iranian Oil
While today’s headlines have been dominated by the long awaited moment when the US has officially re-imposed all pre-2015 sanctions against Iran as well as new Trump era sanctions, the far more crucial story in respect of immediate global developments surrounds the question of ‘which eight countries will receive sanctions […]
Venezuela’s Formal Abandonment of The Dollar Presents Both Opportunities And Challenges For China
Venezuela embraces the Chinese and pan-European currency as sanctions make the greenback untenable This week Venezuela officially announced what was already a de-facto reality due to years of increasingly hostile sanctions from the US Treasury Department. Caracas will no longer sell its oil or conduct other forms of bilateral trade […]
Trump’s Full Quote About Saudi Arabia Makes it Clear That Washington Will Not Sanction Riyadh Over Jamal Khashoggi
Trump rules out sanctions on military equipment sold to Saudi Arabia Donald Trump recently gave an interview with CBS news in which he stated that if it is proved that Saudi Arabia’s leadership ordered the murder of Saudi born journalist Jamal Khashoggi, there would be “severe punishment” levelled against Riyadh. […]
The Russo-Saudi Oil Agreement Has Convinced China to Help Venezuela in an Hour of Need
OPEC+: Good for China in the long term - a wake-up call to a Russophobic US in the short term The recently emerged OPEC+ format which since 2016 has seen Russia and Saudi Arabia work together to stabilise the price of crude oil on international markets has now become an […]
The OPEC+ Format Allows Russia New Ways of Leveraging The United States in The Age of Multipolarity
China and Russia - two superpowers with very difference leverage techniques against US threats When compared with China, Russia generally has fewer tools at its disposal to leverage US threats, provocations and economic blackmail in the form of sanctions or tariffs. China of course has the ability to outproduce the […]