U.S. Officials Had a Secret Oil Deal With the Saudis. Or So They Thought.

After Saudi leaders pushed to slash oil production despite a visit by President Biden, administration officials have been left fuming that they were duped.

“I keep listening to, ‘Are you with us or against us?’ Is there any room for, ‘We are for Saudi Arabia and the people of Saudi Arabia’?” he said. “We will have to deliver our ambitions.”

U.S. Officials Had a Secret Oil Deal With the Saudis. Or So They Thought.

Biden Is Running U.S. Energy Security Into The Ground

The White House divulged late on Tuesday its plan to release 15 million barrels of crude oil from the strategic petroleum reserve to be delivered in December, as the last tranche of the emergency 180 million barrel release that the Biden Administration announced in March.

Biden Is Running U.S. Energy Security Into The Ground

Related:

Biden Manipulates Oil Price To Buy More Votes

Since its inauguration the Biden administration has sold more than 220 million barrels from the 650+ reserve. Refilling it at $70/bl, nearly $50 per barrel more than Trump was going to pay, will be quite costly.

Diesel Crisis Deepens As Inventories Fall To Dangerous Levels

Diesel Crisis Deepens As Inventories Fall To Dangerous Levels

Yet right now, U.S. buyers are snapping up diesel cargos from Europe in a way similar to how Europe has been snapping up LNG cargos originally meant for Asian destinations. And supply is not going up fast enough because there is not enough refining capacity for it to go up fast enough or even meaningfully enough. And this spells a lot more trouble for both Europe and the U.S., especially in the inflation department.

It was the first thing that came to mind. 🤷🏼‍♀️

EU Pushes For More Sanctions Which Will Come Back To Bite It

On February 22, two days before Russian troops entered the Ukraine, the U.S. and the EU put reams of sanctions onto Russia. They also confiscated some $300 billion of Russia’s reserves that were invested in the ‘west’. The sanctions had been negotiated between the EU and the U.S. and prepared for over several months.

EU Pushes For More Sanctions Which Will Come Back To Bite It

Serbian Analyst: How war in Ukraine resembles past conflict in Yugoslavia

Interview by Adriel Kasonta, Asia Times, 9/24/22

Dragana Trifković is the general director of the Center for Geostrategic Studies in Belgrade, Serbia.

On September 8, a session was held in the UN Security Council on the topic of arms delivery to Ukraine by the West.

In the introductory part of the session, Trifković spoke about the weapons that were delivered to the battlefield during the war in Yugoslavia, comparing it to the current situation in Ukraine.

In the following interview, Trifković elaborates on that point for Asia Times.

Serbian Analyst: How war in Ukraine resembles past conflict in Yugoslavia