
After careful evaluation, the Kremlin is rearranging the geopolitical chessboard to end the unipolar hegemony of the “indispensable nation”.
Megalopolis x Russia: Total War
After careful evaluation, the Kremlin is rearranging the geopolitical chessboard to end the unipolar hegemony of the “indispensable nation”.
Megalopolis x Russia: Total War
Caracas and Tehran have agreed to build more “routes and mechanisms” to counter US sanctions and strengthen their oil industries.
Venezuela and Iran Deepen Cooperation to Overcome US Sanctions
Venezuelan President Nicolás Maduro said on Thursday that the recovery of the country’s oil industry was achieved with the effort of its workers and highlighted the commitment of Oil Minister Tareck El Aissami in the improvements of that sector.
Venezuelan Oil Recovers With Our Own Effort, Says Maduro
More Oil From U.S. Strategic Petroleum Reserve Heads To Europe
Meanwhile, U.S. crude [oil] is flowing to Europe at rates never seen before.
Two cargoes of high-sulfur crude from the U.S. strategic reserve are headed to Italy and the Netherlands, according to tanker-tracking data and sources briefed by Bloomberg. The tankers have loaded crude at terminals connected to storage caverns of the SPR in Texas and Louisiana.
According to Matt Smith, oil analyst at commodity data firm Kpler, these would not be the last crude exports out of the U.S. SPR to Europe.
In April, some 1.6 million barrels of U.S. crude from the strategic reserve made its way to Europe, Smith told Bloomberg, adding: “That’s the largest amount of SPR crude that’s been shipped to the continent based on historical monthly data.”
By Yuriy Zinin – New Eastern Outlook – 12.05.2022
The Middle East media have not stopped commenting on recent developments in Ukraine through the prism of their perception in the region. Particular attention is paid to the topic of the sanctions imposed on Moscow and their resonance in the Arab world.
Sanctions against Russia: Reactions from the Middle East
Joe Biden promised the world that he was “opening a new era of relentless diplomacy.” Either those were just words or Biden has lost control of his foreign policy. Rather than the birth of diplomacy, the first sixteen months of Biden’s term in office have seen a dearth of diplomacy. On all the major issues, there has been none, and often worse than none.
Joe Biden and the Dearth of Diplomacy
US likely pressing new oil-for-security arrangement while Riyadh talks to China about selling barrels in yuan rather than bucks
Saudi Arabia flexing its geopolitical oil power
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