The US economy isn’t in the clear just yet because of the triple threat posed by rising oil prices, the dollar, and the Federal Reserve, according to Bank of America.
Oil, the dollar, and the Fed still pose a triple threat to the US economy, Bank of America says
Tag: oil production
U.S. Allowing Weapons Customers to Commit Crimes Against Humanity on the Saudi‐Yemen Border
President Joe Biden wants to sign a security agreement with Saudi Arabia despite its history of human rights abuses and, in recent actions, its reported shooting and killing of Ethiopian migrants.
U.S. Allowing Weapons Customers to Commit Crimes Against Humanity on the Saudi‐Yemen Border
Previously:
US Knew Saudis Were Slaughtering African Migrants at Border But Kept Quiet
Biden Isn’t Fooled by Netanyahu. So Why Meet Him? + Biden should rethink the Saudi Arabia-Israel normalization deal
If, as reported, Joe Biden has finally agreed to meet with Benjamin Netanyahu, the Israeli prime minister is likely to face a straight-talking U.S. president focusing on three key issues
Biden Isn’t Fooled by Netanyahu. So Why Meet Him? 😂
Related:
Biden should rethink the Saudi Arabia-Israel normalization deal
US Knew Saudis Were Slaughtering African Migrants at Border But Kept Quiet
The Biden administration was told last fall about the mass killings of migrants at Saudi Arabia’s border with Yemen
US Knew Saudis Were Slaughtering African Migrants at Border But Kept Quiet
Related:
Why the hell is the US occupying Syria?
Why has every US president from Obama to Trump to Biden launched airstrikes inside the country? Is the US mission in Syria actually about fighting terrorism, or does it go deeper?
Why the hell is the US occupying Syria? (archived)
Video via Reyjern
Massive US Oil Caverns Sit Empty and Will Take Years to Refill
Massive US Oil Caverns Sit Empty and Will Take Years to Refill
- Nation’s oil reserve is at 40-year-low after historic drawdown
- Experts say refilling will take decades, if it happens at all
House Republicans Propose The Study Of An Oil Naval Blockade Of China
The House of Representatives is discussing a move that would effectively amount to an act of war if carried out: a naval blockade on China.
House Republicans Propose The Study Of An Oil Naval Blockade Of China
The following is outdated, especially considering the problems with the US Navy’s LCS ships, but I thought that the bold quote was interesting. I highly doubt that Russia would ever submit to the US!
Related:
[2013] Stranglehold: The Context, Conduct and Consequences of an American Naval Blockade of China
In short, Russia would not only be China’s best hope of overcoming an American blockade, but it would also be the United States’ key to closing China’s transit route through Central Asia and preventing China’s two neighboring oil producers from supplying it with petroleum. In an American blockade of China, Russia’s importance as a swing state cannot be overstated, as is borne out by the observation that “no blockade of China in history has succeeded without Russian acquiescence.”
Report: Saudi Crown Prince Threatened US With ‘Major Economic Consequences’
Citing Discord leaks, The Washington Post said MbS made the comments in response to Biden threatening to retaliate for OPEC oil cuts
Report: Saudi Crown Prince Threatened US With ‘Major Economic Consequences’
Iraq unveils $17bn infrastructure project linking West Asia to Europe
Iraqi Prime Minister Mohamed Shia al-Sudani on 27 May unveiled a $17 billion infrastructure project to link West Asia and Europe and make Iraq a regional transportation hub.
Iraq unveils $17bn infrastructure project linking West Asia to Europe
Related:
Iraq partners with UAE and Chinese firms to develop six oil and gas fields
US eyes new military base in Iraq’s oil-rich region and in northern Syria
Oil Falls Further On EIA Inventory Report
Oil Falls Further On EIA Inventory Report
The Department of Energy provided some support for prices with an update from Energy Secretary Granholm, who said the department still planned to begin refilling the strategic petroleum reserve later this year, although she did not provide any specifics.
Ms. Cat’s Chronicles 
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