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?”
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”
DAILY BASKET – NEWS COMMENTARY
Iran and Russia Developing Barter Trade
MARSAL COMMENTS: Russia and Iran announced an “Oil-For-Goods” deal, where Iran sells Russia around 100,000 barrels of oil per day and gets paid in goods such as construction, railroad and airport equipment, etc. Continue reading “Iran and Russia Developing Barter Trade”
Iran and Russia getting much closer
Iran President Rouhani announced recently that he expects Russian relations to improve substantially, especially after the planned Intergovernmental Committee meeting scheduled for Dec 13, 2016. Continue reading “Iran and Russia getting much closer”
It Is The Gulf Of Mexico, Stupid!
CNN and the other unbiased media, reported the unprofessional and unsafe actions of the Iranians, who, last week, sent their small patrol boats to harass two US naval ships, a destroyer and a missile carrier. The puny boats got as close as quarter of a kilometer, before the ships fired warning shots to ward them off.
The Pentagon was indignant that the Iranians were so brash, to flaunt the Freedom of the Seas Law, and bother innocent ships routinely transiting the Gulf, and in international waters. Continue reading “IT IS THE GULF OF MEXICO, STUPID!”
DAILY BASKET OF COMMENTARIES
RUSSIAN BOMBERS BASED IN IRAN!
Wow, So many birds with one stone. Is this a game changer in the Middle East?
It was reported yesterday (Tue Aug 16, 2016) that long range Russian bombers flew out of an Iranian military airfield to bomb targets in Aleppo, Syria. This is the first time in over thirty years that a foreign a military presence is seen in Iran. And a first for the Russian military in Iran. What does this mean?
The Syrian regime: especially as far as the battle of Aleppo is concerned. It gives Russian bombers better logistics and efficacy (Shorter flight time and, hence, more strikes per plane). Continue reading “RUSSIAN BOMBERS BASED IN IRAN!”