Moscow is raking in more revenue than ever with the help of new buyers, new traders and the world’s seemingly insatiable demand for crude
Russia Confounds the West by Recapturing Its Oil Riches
Related:
US Treasury Secretary Janet Yellen has warned that a failure to place a price cap on Russian oil would hurt the global economy.
Yellen discusses Russia oil price cap as Chancellor Nadhim Zahawi visits US
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Fuel shipment into Hodeidah will be allowed
UN Says Two-Month Yemen Ceasefire Agreed Upon, Saudis Will Ease Blockade
Related:
If the Saudis were looking for a face-saving way to end its war against the Houthis, this latest cessation in hostilities may be it.
Cautious optimism hovers over new ceasefire in Yemen
Article: How to Debunk Atlantic Council’s Anti-China “Uyghur Genocide” Lies
YouTube: How to Debunk Atlantic Council’s Anti-China “Uyghur Genocide” Lies
The Atlantic Council has released a report claimed across the Western media to provide additional evidence of “genocide” in China’s western region of Xinjiang. However, in less than 5 minutes of research it is possible to expose the report as propaganda built on existing, baseless claims coupled to known information about World Bank and other institutions funding activities inside China.
I show how the Atlantic Council uses facts like World Bank funding to help sneak past readers otherwise baseless claims regarding “genocide,” “forced labor,” and other alleged abuses.
I discuss who is behind the Atlantic Council, why they are deliberately lying about China, and how by the Atlantic Council’s own admission, their goal is to subordinate China to US global interests.
These are videos made 3 times weekly (Monday, Wednesday, and Friday) published first for Platinum Sponsors and above as well as for supporters on “Buy Me a Coffee,” then made public later on in the week. Thank you for your support and making this work possible!
The New Atlas on YouTube
References:
Read More »China and the Middle East: More Than Oil
While China’s heavy dependence on Middle Eastern oil is an established fact, less is known about China’s early efforts to establish broad energy ties with the Middle East. Back in 1983, before the Chinese economy really took off, the overseas construction arm of China National Petroleum Corporation (CNPC) moved into the Kuwaiti market and later won an oil storage reconstruction project in 1995. Beijing also signed the Strategic Oil Cooperation agreement with Saudi Arabia in 1999, which laid the foundation for Saudi Arabia to become and remain China’s largest oil supplier. In exchange for stable crude supply, China has courted Saudi investment for expanding its refining capacity. One example is China Petroleum and Chemical Corporation’s (SINOPEC) meeting with Saudi Aramco to discuss a stake in a $1.2-billion refinery in the Chinese city of Qingdao. The two sides further joined hands in a $3.5-billion venture in Fujian province that included greater refinery capacity.4
By Finian Cunningham | Strategic Culture Foundation | March 26, 2021
After six years of blowing up Yemen and blockading its southern neighbor, the Saudi rulers are now saying they are committed to finding peace. The move is less about genuine peace than economic survival for the oil kingdom.
Crashing Saudi Oil Economy Explains Urgent Yemeni Peace Offer
The United Nations is “unable to independently corroborate” that missiles and drones used in attacks on Saudi oil facilities in September “are of Iranian origin,” Secretary-General Antonio Guterres told the Security Council on Tuesday.
— Read on mobile.reuters.com/article/amp/idUSKBN1YE2UD
Saudi Aramco on Thursday priced its long-awaited IPO at the high end of the target range, raising $25.6 billion and giving the energy giant a valuation of $1.7 trillion in the world’s biggest stock sale.
— Read on au.news.yahoo.com/saudi-aramco-raises-25-6-bn-largest-ever-183845928–spt.html
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