Are Oil Prices Rising or Falling?

Not only are the current views contradictory but each is supported by arguments and evidence, which increases the confusion and frustration of anxious listeners worried about their economic future. Continue reading “Are Oil Prices Rising or Falling?”

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Do Treaties Eliminate Nuclear Wars?

History teaches that wars are inevitable. They are genetically ingrained into the human mind – as well as the rest of the Animal Kingdom. The use of violence and belligerence to get what one wants, starts as early as childhood among siblings, later on in the school yard and then progresses to become more innovative, nasty and evil right into ripe old age. Selfish “Want” is the source of all belligerence and, hence, wars. Continue reading “Do Treaties Eliminate Nuclear Wars?”

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Daily Basket of News Commentary – Sep 26, 2018

Daily Basket of News Commentary – Sep 26, 2018

Iran Oil Exports?
India might continue buying Iranian oil via a Rupee payment scheme. India consumes 4.7 Million bpd (approx. 5% of world oil production) and is expected to reach 10 million bpd in 2040. It is difficult to see India putting its economy in jeopardy and taking sides in an unrelated problem i.e. the US/Iran quarrel – especially since the Iranian oil is cheaper than the competition. Continue reading “Daily Basket of News Commentary – Sep 26, 2018”

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Daily Basket of News Commentary – Sep 25, 2018

Daily Basket of News Commentary – Sep 25, 2018

Will the armed attack in Ahwaz contribute to an oil price rise? So, think some analysts, especially if the matter escalates regionally, in which case the world economies will be suffer and so will the Middle East producers. Continue reading “Daily Basket of News Commentary – Sep 25, 2018”

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OPEC’s Current Dilemma

As the US second and tougher sanctions on Iran approach (Nov 4th), many countries have begun to reduce their purchases of Iranian oil and its exports have already dropped one million barrels a day (from a high of 2.7 Million bpd to 1.7 Mill bpd in August 2018). Continue reading “OPEC’s Current Dilemma”

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Is Turkey in Line for US Sanctions?

COMMENTS: The US/Turkish relations have not been rosy for a while now. They have been souring (at least visibly) since the failed coup against President Erdogan a couple of years ago, which Turkey insinuated was supported clandestinely by the US through the Fethulla opposition organization. Continue reading “Is Turkey in Line for US Sanctions?”

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Pessimism or Optimism?

Optimism begets peace of mind, tranquility and possibly happiness, while pessimism begets worry, gloom and anxiety. Does this mean that we should ignore negative outlooks and only listen to those that are positive and optimistic? Maybe, but that would expose us to the vagaries of the negative events – if they occur – without being prepared for them. Continue reading “Pessimism or Optimism?”

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Will Iran Sanctions Speed De-Dollarization?

COMMENTS: The insistence of the US to implement its harsh sanctions on Iran while at the same time implementing sanctions on Russia, China, North Korea, Venezuela, etc. And threatening the EU and the rest of the world, if they move a finger in Iran’s aid, might in the end turn cornered victims into roaring lions. Continue reading “Will Iran Sanctions Speed De-Dollarization?”

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Sanctions: The Mother of Carrot and Stick Policies

US foreign policy is ever so clever. It uses only two simple tools to achieve its commendable goals of spreading peace, prosperity and democracy throughout the World.

These two tools are derived from the “Carrot and Stick” concept, which was historically used in training children, Continue reading “Sanctions: The Mother of Carrot and Stick Policies”

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