Army officers say they have taken control from President Ali Bongo after he was declared election winner
Military leaders seize power in oil-rich Gabon
Video via TheRedPillDiaries
Related:
Situation in Gabon, West Africa a Big Issue for Europe – EU’s Borrell
See this video, by Zack Mwekassa, regarding former Gabon President Bongo.
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:
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
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’
The US dollar is essential to US global power projection. But in 2022, the dollar share of reserve currencies slid 10 times faster than the average in the past two decades.
De-Dollarization Kicks Into High Gear
Related:
The United States seized an Iranian oil tanker just days before Tehran detained a tanker carrying American cargo in the Gulf of Oman, Reuters reported on Saturday.
US seized Iranian tanker days before Tehran captured US ship
Thousands of Italians have demonstrated across the country in Rome, Florence and Genoa against Western sanctions imposed on Russia and transfer of lethal military hardware to Ukraine, a day after the first anniversary of the Ukraine-Russia war.
Thousands in Italy protest West’s weapons supplies to Ukraine as war enters 2nd year
Video via World Politics
Related:
Anti-NATO, Anti-EU, Anti-War, Protest Rallies Hit Germany, France, Italy
In its latest monthly report, OPEC revealed it had yet again failed to produce as much oil as it agreed to produce the last time it discussed output. And it wasn’t by a few thousand barrels per day, either. The shortfall was some 1.8 million barrels daily, but more importantly, that sort of undershooting of its own target has become a regular thing for the cartel. Meanwhile, the United States federal government needs to buy some oil for its strategic petroleum reserve after releasing close to 200 million barrels from it this year as a way of countering fuel price inflation. Yet U.S. drillers are not in a rush to boost production. On the contrary, it seems production growth has lost its place among these companies’ top priorities.
The Era Of Cheap Oil Has Come To An End
Previously:
Netanyahu Says US Must ‘Reaffirm’ Alliance With Saudi Arabia
The incoming prime minister said that he wants to build on the Abraham Accords, which his former government signed in 2020 to establish diplomatic ties with Bahrain and the UAE. Netanyahu said it’s “up to the leadership of Saudi Arabia if they want to partake in this effort.”
Saudi officials recently reaffirmed that they seek a Palestinian state as a precondition for normalizing with Israel. But in order to form a coalition government, Netanyahu gave Religious Zionism party leader Bezalel Smotrich, an ultranationalist settler, sweeping powers over the West Bank.
Related:
Read More »Three weeks ago, President Joe Biden threatened Saudi Arabia with “consequences” after the kingdom that is the de facto leader of OPEC supported a decision to reduce oil production by about 1 million barrels.
Washington’s Oil Supply Spat With Saudi Arabia Could Backfire
Ms. Cat’s Chronicles 
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