The recent drone attacks, attributed to Iran-backed Houthi rebels, against oil infrastructure facilities in Saudi Arabia have triggered another rally in global oil prices. Even though POTUS has promptly made a reassuring announcement trying to confine extreme market reactions the...
Saudi Arabia’s foreign minister, Ibrahim al-Assaf, addressed the United Nations General Assembly on Thursday. His topic of choice was of course Iran, who he blamed for the Sept. 14 attacks on Saudi Aramco oil factories. In return, al-Assaf called for...
After a drone attack took Saudi Arabia by surprise Sept. 14, crippling Saudi Aramco’s oil production, officials in Riyadh were probably hoping for a strong military response from the United States. Secretary of State Mike Pompeo called the raid an...
After oil facilities were attacked in Saudi Arabia on Sept. 14, United States President Donald Trump tweeted suggestions that America could retaliate against Iran on Saudi Arabia’s behalf. While the culprit behind the attacks is still unverified, Houthi rebels in...
This past weekend’s attack on Saudi Arabia’s oil refineries has deepened tensions in the region. In response to their on-going war with the Saudis, the Houthi rebels of Yemen have announced responsibility. But it sounds as though no one is...
Nairobi – Kenya, East Africa’s largest economy became the regions first exporter of oil this early August when a consignment of 200,000 barrels were sold to ChemChina, a Chinese firm. But analysts warn the African state will have to wait...
Following the release on Thursday of its oil super tanker Grace1 by the Gibraltar authorities, despite enormous US pressure not to do so, Iran emerged victorious and even more defiant from a fortnight of a standoff with Britain whose navy...
In a new sign of overcoming US sanctions and insistence on beefing up its suffering economy, Iran has recently announced the completion of 41 drilling projects over the period of only four months. The wells included both appraisal and workover,...
Diplomats representing the Iran Nuclear Deal signatories held two meetings this week solely to discuss the ongoing Iranian nuclear issue. On Sunday, representatives from Germany, France, Great Britain, Russia, China, and the European Union met with counterparts from Iran. While...
On July 22, 2019, Iran announced the arrest of 17 Iranian citizens on charges of spying for the US, a claim that President Donald Trump dismissed as “totally false.” This came just after Iran seized a British oil tanker in...
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