Authored by Cynthia Chung via The Strategic Culture Foundation:
This past Sunday, April 17th, a dispute between Iran and the U.S. occurred over the U.S.’ decision to increase its military presence in Caribbean and Eastern Pacific waters, with the purported reason being a counter-narcotics campaign.
Venezuelan air force flying Russian Sukhoi Su-30MK2 fighters escorting Iranian tankers to Venezuelan waters (Image Source: Military Watch)
This week, five Iranian oil tankers entered the territorial waters of Venezuela and are due to arrive in port this weekend.
Discussion of the first half of St. Cyril of Jerusalem’s Catechetical Lectures. The second half will be for subscribers to JaysAnalysis. The power cut our at the end, but parts 2 and 3 will be for subscribers to JaysAnalysis.com.
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 the United States.”
It’s often been said that in the United States you have one party (Big Government) with two branches (Democrats and Republicans). While Democrats talk a big game about being America’s ‘green’ guardians of the environment, in the end both parties will bow to transnational corporations if the price is right.
Needing a reprieve from covering the pandemic of fear &terror inflicted on the populace let's have some different newsoped from Oil Price.com read in full at above link as their are several paragraphs omitted.
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 from Saudi Arabia to cut oil production in light of falling prices. The Saudi response was to effectively flood the oil market with an additional 2.6 million barrels a day at a dramatically discounted price.
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