Tag: OPEC

Showing Solidarity With Qatar or Stabbing Russia in The Back: Understanding Iran’s Rejection of OPEC+

Iran’s Petroleum Minister Bijan Zangeneh just announced that his country will not participate in the format widely known as OPEC+, a commercial alliance between OPEC and major oil producers from outside of the OPEC cartel. In practical terms, OPEC+ is driven by the leadership of de-facto OPEC leader Saudi Arabia and […]

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 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 […]