Tag Archives: Oil

Saudi Arabia and its Sunni allies may right now be boosting oil production, aiming to plunge the market price to as low as US$60 per barrel. The ultimate goal is to cripple the economies of Shiite Iran and Iraq, an insider view suggests. The insight comes from Barton Biggs, hedge fund manager running Traxis Partners, who spoke with a Saudi …

Tensions in the Gulf could reach a breaking point as a senior Iranian official said Iran would “definitely” close the Strait of Hormuz if an EU oil embargo disrupted the export of crude oil. Mohammad Kossari, deputy head of parliament's foreign affairs and national security committee, issued the warning in respone to a decision by the European Union on Monday …

Transcript – Public Lecture – Perdana Global Peace Forum 2006 Kuala Lumpur – Little has changed in the imperialist tendencies of American foreign policy since the founding of the United States of America in seventeen eighty-nine. The fledgling United States opened the nineteenth century by stealing the continent of North America from the Indians, while in the process ethnically cleansing them …