Tag: oil

Trump’s Legacy Will be Ending Wars For Oil And Perpetuating Wars For Everything Else

The term “war for oil” was popularised during America’s decades long antagonism of its former Iraqi ally. Beginning in 1990, Washington turned its back on Saddam Hussein’s Iraq and in 2003 under George W. Bush, Iraq was invaded, occupied and destroyed. Those opposed to America’s wars on Iraq and even […]

Why Would The US Want Venezuela’s Oil When It Already Buys 41% Of Its Total Exports?

The prevailing Alt-Media narrative that Washington wants to impose a pro-US puppet regime on Venezuela in order to control all of the country’s oil doesn’t make much sense when considering that it already buys 41% of the Bolivarian Republic’s total exports, meaning that another more nuanced explanation needs to be […]

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. […]