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Tag "Oil"

A Manufactured Crisis: How Saudi Arabia Uses Oil to Bring Yemen to its Knees

    A Manufactured Crisis: How Saudi Arabia Uses Oil to Bring Yemen to its Knees

HODEIDA, YEMEN — Yemen’s oil is in thrall to a complex, intertwined network of elites that control the smuggling of fuel imports and new, thriving black markets. Starving Yemen of petroleum products has always been a conspicuous feature of Saudi Arabia’s nearly six-year-long war on the country, however, the most recent blockade is significantly more…

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Mexico to Renationalize Oil Next Year If Current Laws Fail to Save Reeling PEMEX

    Mexico to Renationalize Oil Next Year If Current Laws Fail to Save Reeling PEMEX

Faced with thousands of conservative opposition demonstrators camping out in the streets of Mexico City since he took office, the administration of Mexican President Andrés Manuel Lopez Obrador (AMLO) is under renewed pressure to come up with a strategy to address the nation’s tottering energy sector, which has reached a critical juncture in the historic and…

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While Trump Berates Portland Looters, the US Gov’t Continues to Plunder Syria with Impunity

    While Trump Berates Portland Looters, the US Gov’t Continues to Plunder Syria with Impunity

The United States and Turkey has been plundering Syrian infrastructure for years. Beginning in late 2012 and continuing through 2013, some 300 industrial factories were dismantled and taken to Turkey from Aleppo, the industrial capital of Syria. “Machinery and goods were loaded on trucks and carried off to Turkey through the Cilvegozu and Ceylanpinar crossings. Unfortunately,…

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To Capture and Subdue: America’s Theft of Syrian Oil Has Very Little To Do With Money

    To Capture and Subdue: America’s Theft of Syrian Oil Has Very Little To Do With Money

Near the end of July, one of the most important recent developments in U.S. foreign policy was quietly disclosed during a U.S. Senate hearing. Not surprisingly, hardly anybody talked about it and most are still completely unaware that it happened. Answering questions from Senator Lindsey Graham, Secretary of State Pompeo confirmed that the State Department had…

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Shadowy US Firm Run by Former Diplomat Cinches Syria Oil Deal with Kurds

  Shadowy US Firm Run by Former Diplomat Cinches Syria Oil Deal with Kurds

In November of last year, the Pentagon’s assistant to the secretary of defense for public affairs assured reporters during a press briefing that “the revenue from [Syrian oil fields] is not going to the U.S. [It] is going to the SDF”, adding that the purpose of the mission was “to defeat ISIS” and that “securing of…

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Five Years On, the Nefarious Goals of the Iran Nuclear Deal Reveal Themselves

  Five Years On, the Nefarious Goals of the Iran Nuclear Deal Reveal Themselves

Iran, due to its geopolitical position, has always been considered a jewel in the crown of the colonial powers. Attempts to conquer it through proxy started with Operation Ajax in August of 1953 at the behest of the British and were ultimately carried out by the CIA and not abandoned even with the ousting of…

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As US Shale Oil Plunges, Trump Admin Takes Aim at Venezuela

  As US Shale Oil Plunges, Trump Admin Takes Aim at Venezuela

WASHINGTON DC (The Last American Vagabond) — IPresident Trump recently praised a deal reached largely by Saudi Arabia and Russia, two of the top oil producers in the world who together dominate the Organization of the Petroleum Exporting Countries (OPEC), saying that the agreed upon production cuts would “save hundreds of thousands of energy jobs in…

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Has Saudi Arabia Shot Itself in the Foot With Its Oil Price War?

  Has Saudi Arabia Shot Itself in the Foot With Its Oil Price War?

Faced with an escalating crisis brought on by the global outbreak of COVID-19, Saudi Arabia made a conscious decision to increase oil production in order to avert a potential oil-price collapse. The move sent an already faltering global economy into a tailspin.   The trouble began at the beginning of March, after Russia rejected an ultimatum…

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Podcast: Vanessa Beeley Unpacks the Idlib Crisis and the Fight for Syria’s Oil, Gas and Water

  Podcast: Vanessa Beeley Unpacks the Idlib Crisis and the Fight for Syria’s Oil, Gas and Water

Welcome to MintCast, the official weekly MintPress News podcast hosted by Mnar Muhawesh and Whitney Webb. MintCast is an interview podcast featuring dissenting voices, independent researchers and journalists who the establishment would rather silence. In this episode, we are joined by journalist Vanessa Beeley, who is covering the conflict in Syria from Damascus for MintPress…

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Will Americans Let Trump Start World War III for Saudi Arabia and Israel?

  Will Americans Let Trump Start World War III for Saudi Arabia and Israel?

On Saturday, September 14th, two oil refineries and other oil infrastructure in Saudi Arabia were hit and set ablaze by 18 drones and 7 cruise missiles, dramatically slashing Saudi Arabia’s oil production by half, from about ten million to five million barrels per day. On September 18, the Trump administration, blaming Iran, announced it was…

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