OPEC

The Sword of Damocles Over Western Europe: Follow the Trail of Blood and Oil

In Part 1, we left off in our story at the SIS-CIA overthrow of Iran’s Nationalist leader Mohammad Mosaddegh in 1953. At this point the Shah was able to return to Iran from Rome and British-backed Fazlollah Zahedi, who played a leading role in the coup, replaced Mosaddegh as Prime Minister of Iran.
Here we will resume our story.
An Introduction to the ‘Shah of Shahs’, ‘King of Kings’

Revolutionary Times and Systemic Collapse – “The System Cannot Handle It”

Some have queried how it could be that President Putin would co-operate with President Trump to have OPEC+ push oil prices higher – when those higher prices precisely would only help sustain U.S. oil production. In effect, President Putin was being asked to underwrite a subsidy to the U.S. economy – at the expense of Russia’s own oil and gas sales – since U.S. shale production simply is not economic at these prices. In other words, Russia seemed to be shooting itself in the foot.