How the War on Iran Forged a New, Pragmatic Order in SWANA

How the War on Iran Forged a New, Pragmatic Order in SWANA

    Friday, June 12, 2026   No comments

 The Tectonic Shift

For decades, the geopolitical architecture of Southwest Asia and North Africa (SWANA) was defined by a relatively rigid hierarchy: Washington set the strategic agenda, and regional actors, particularly the Gulf monarchies, aligned their security and economic policies accordingly. Today, that architecture lies in ruins. The catalyst for this collapse is not a gradual erosion of influence, but a sudden, violent rupture: the US-Israeli war on Iran. In the crucible of this conflict, the nations of the SWANA region have not merely reacted; they have fundamentally rewritten the rules of engagement. Nowhere is this dramatic realignment more starkly evident than in the recent revelations of a UAE pivot toward Tehran, followed closely by reports of a clandestine, audacious proposal between Qatar and Iran.

According to recent reporting by The Washington Post, at the onset of the conflict, Qatari officials approached Tehran with a staggering proposition. To safeguard the Ras Laffan Industrial City—the beating heart of Qatar’s liquefied natural gas (LNG) economy—Doha offered to voluntarily halt its gas production. The strategic logic was as ruthless as it was brilliant: a sudden cessation of Qatari gas exports would send global energy prices skyrocketing, thereby inflicting severe economic pain on Western markets and amplifying domestic pressure on the United States and Israel to abandon the war. In exchange, Qatar demanded only one condition from its nominal adversary: "you are not going to attack us."

This reported "secret deal" is a masterclass in survivalist realpolitik. It demonstrates that Gulf states are no longer willing to serve as passive collateral damage in Washington’s ideological or strategic crusades. Instead, they are actively weaponizing their own economic leverage to manipulate global markets and force a geopolitical outcome that serves their national interests. Qatar’s message to Iran was unequivocal: You will achieve your objectives without striking us. It was a declaration of functional neutrality, prioritizing regime survival and economic continuity over unconditional alliance with the West.

This Qatari gambit does not exist in a vacuum; it is the second major tremor in a region undergoing a profound seismic shift. It follows closely on the heels of the United Arab Emirates’ calculated pivot toward Iran. For years, the UAE was the cornerstone of the US-led anti-Iran coalition in the Gulf. Yet, faced with the existential risks of a protracted, high-intensity war on its doorstep, Abu Dhabi recognized that unwavering alignment with Washington offered more peril than promise. By opening channels with Tehran, the UAE signaled to the region that the era of automatic alignment is over. The new doctrine is multi-alignment: maintaining working relationships with all powers, but ultimately answering to the imperative of national preservation.

The implications of this SWANA realignment are staggering. First, it exposes the limits of American hegemony. The United States can no longer assume that its regional partners will automatically absorb the shocks of its foreign policy decisions. When pushed to the brink, Gulf states possess the agency, the resources, and the diplomatic channels to circumvent Washington entirely.

Second, the Qatari proposal highlights a terrifying new vulnerability for the West: the weaponization of energy interdependence. Europe and Asia rely heavily on Gulf energy exports. The mere threat of a coordinated Gulf production halt to force a ceasefire reveals that the region’s resource-rich states hold a trump card that can override Western military objectives. The fact that intelligence officials suggest a "tacit understanding" may have temporarily held between Doha and Tehran indicates that this is not just theoretical diplomacy, but an active, shadow negotiation shaping the battlefield.

Ultimately, the war on Iran was likely intended to reassert dominance and neutralize a regional adversary. Instead, it has accelerated the very multipolarity it sought to prevent. The nations of SWANA are no longer mere chess pieces on a board controlled by external powers. They have become sovereign, pragmatic actors making ruthless, high-stakes calculations. The secret dealings between Qatar and Iran, alongside the UAE’s strategic hedging, are not anomalies; they are the blueprint for the new Middle East. In this new era, survival belongs not to the most loyal ally, but to the most adaptable strategist.

Why the UAE is Pivoting to Iran in the Shadow of a Closed Hormuz

Why the UAE is Pivoting to Iran in the Shadow of a Closed Hormuz

    Thursday, June 11, 2026   No comments

 The Caloric Reality

Four months into the ongoing regional conflict, the United Arab Emirates is facing a profound logistical nightmare. Following continued US strikes, Iran has shut the Strait of Hormuz once again, severing the maritime jugular of the Gulf. Initially, analysts spooked by the blockade—and the power-centered leaders of the UAE themselves—viewed the crisis almost exclusively through a hydrocarbon lens. The prevailing narrative was that the UAE could simply bypass the closure via its West-East pipeline, allowing tankers to load oil and gas from Fujairah on the Gulf of Oman, safely circumventing the strait.

But a harsh, undeniable reality has since set in: pipelines can transport crude, but they cannot transport calories. The basic fundamental of state survival is food, not oil. Consequently, the UAE is executing a dramatic geopolitical pivot, choosing to integrate with Iran’s new regional security framework rather than challenge it.

When the blockade began, the UAE’s immediate instinct was to lean on its energy infrastructure. The Emirates normally routes 51% of its crude through the Strait of Hormuz. The closure forced the state oil company, ADNOC, to slash output from 3.4 million barrels per day. In a bold move, the UAE officially left OPEC in May, signaling its intent to maximize production independently.

However, this strategic decoupling has proven largely hollow. What good is pumping record volumes of oil if you cannot physically ship it out of the country? While the UAE is now pouring emergency capital and round-the-clock labor into accelerating the West-East bypass pipeline—originally slated for completion in 2027—to move the full 3.4 million barrels per day to the Arabian Sea, leadership has realized this only solves half the equation. Oil revenues mean nothing if the domestic population is starving.

The Caloric Reality Check

The true vulnerability of the UAE lies in its food supply chain. Over 80% of the nation’s food imports traditionally pass through the Strait of Hormuz. A full, sustained blockade cripples these maritime food routes, pushing the Emirates to the brink of a severe food security crisis.

The symptoms are already visible on the ground. Major supermarket chains across the Emirates have hiked prices by 40% in a desperate bid to ration supplies and avoid empty shelves, a move that is actively fueling internal instability and public anxiety. Furthermore, Dubai’s status as a global logistics hub is in jeopardy. The city’s Jebel Ali mega-port is grinding to a halt, with compounding shipping delays and surging maritime insurance rates making everything from manufacturing inputs to retail imports economically unsustainable.

You cannot pump wheat, rice, or livestock through a subterranean tube. This stark reality has forced a complete recalibration of Emirati strategic thinking.

This crisis has laid bare the UAE’s inherent geographic limitations. Unlike its neighbor, the Sultanate of Oman, which boasts direct, unencumbered access to the Arabian Sea and the Indian Ocean via the Musandam Peninsula and its southern coast, the UAE’s primary commercial and population centers are deeply tied to the Persian Gulf.

The UAE is realizing that it cannot out-geography its constraints. A nation that might have been better off with the geographic endowments of Oman is now forced to adapt to the hand it was dealt. Challenging Iran’s control over the chokepoint is no longer a viable option when the cost is national starvation.

The New Strategy: Integration Over Confrontation

Recognizing that military or economic defiance will only deepen the caloric deficit, the UAE is adopting a new, three-pronged strategy focused on damage limitation and diplomatic integration:

1. Playing Real Neutrality: The UAE is shifting its diplomatic posture to explicitly ban American or Israeli forces from using Emirati airbases for strikes on Iran. This clear non-aggression stance is designed to shield critical domestic infrastructure—most notably the Barakah nuclear plant—from retaliatory targeting. More importantly, it is the only viable diplomatic path for the UAE to gain regional stability and signal to Tehran that it is a partner, not a proxy, in Iran's emerging security framework.

2. Accelerating the Energy Bypass: While acknowledging its limits, the UAE is still rushing the West-East pipeline project. By getting it running early, the state hopes to at least secure its hydrocarbon revenue stream via Fujairah, ensuring the government retains the financial capital needed to fund emergency food imports and domestic agricultural overhauls.

3. A National Agrotechnology Sprint: To secure its long-term survival, the UAE is launching a heavily subsidized, wartime-style national initiative to scale up domestic food production. This includes massive investments in indoor vertical farming, advanced hydroponics, and expanded desalination plants. The ambitious, state-mandated goal is to achieve 50% domestic food self-sufficiency, reducing reliance on vulnerable maritime supply chains.

The closure of the Strait of Hormuz has served as a brutal stress test for the modern Gulf state. For decades, the UAE’s foreign policy was anchored by the belief that oil wealth could engineer its way out of any geopolitical bottleneck. The events of 2026 have shattered that illusion.

As supermarket shelves thin and Jebel Ali falls quiet, the UAE’s leadership has come to a singular, sobering conclusion: in the hierarchy of national survival, food security dictates foreign policy. By making nice with Iran and integrating into its security framework, the UAE is not surrendering its sovereignty; it is making a pragmatic, existential calculation to ensure its people are fed.

Oil Blending, the Hormuz Crisis, and US-Iran Tensions Impact China's Economy

Oil Blending, the Hormuz Crisis, and US-Iran Tensions Impact China's Economy

    Thursday, May 28, 2026   No comments

In the high-stakes arena of global energy, molecules matter as much as missiles. A specialized blending recipe—mixing Venezuela's ultra-heavy crude with Iran's light condensates—has quietly underpinned a sanctions-evading supply chain that fed China's industrial engine for years. Now, with US military operations against Iran underway and the Strait of Hormuz effectively closed, that delicate chemical equilibrium has shattered. This article explains the science behind the geopolitics, the current crisis, and what it means for the world's second-largest economy.

Part 1: The "Paste" Problem and the Iranian Solution

Venezuela's Orinoco Challenge

Venezuela's Orinoco Belt holds some of the world's largest proven oil reserves—but with a catch. The crude is "extra-heavy," with an API gravity of just 8–10°, making it as thick as tar. Loaded with sulfur, metals, and asphaltenes, it cannot flow through standard pipelines or be processed in conventional refineries without significant upgrading.

Iran's Critical Role: The Thinning Agent

Enter Iran. For years, Tehran exported light crude and gas condensates—highly volatile, low-density hydrocarbons that act as natural solvents. By blending roughly three barrels of Venezuelan heavy crude with one barrel of Iranian light crude, the industry created Merey 16, a medium-sour blend highly prized by Asian refineries, particularly China's independent "teapot" refiners.

This wasn't just chemistry—it was clandestine commerce. The supply chain operated as an illicit loop: Iran provided the thinning agents, Venezuela supplied the heavy feedstock, and China served as the primary buyer, helping both sanctioned nations bypass Western financial controls.

Why This Blend Matters to China

Chinese teapot refineries—smaller, privately owned facilities—thrived on discounted sanctioned crude. Iranian oil was historically sold at a significant discount to benchmark prices to compensate buyers for sanctions risk. Payments were often settled in renminbi via China's Cross-border Interbank Payment System, avoiding traditional Western financial networks and oversight.

Part 2: The Crisis Unfolds – US Operations and Hormuz Closure

February–May 2026: Escalation Timeline

• Late February 2026: US and allied forces launch major combat operations against Iran, targeting nuclear infrastructure and military sites in multiple cities.
• Early March: Iran's Islamic Revolutionary Guard Corps announces the closure of the Strait of Hormuz, threatening attacks on any vessel attempting passage.
• April–May: Despite fragile ceasefire negotiations, the strait remains effectively restricted. Daily oil throughput has plummeted to a fraction of normal levels.
• War risk insurance premiums have surged dramatically, and tanker spot rates have more than doubled as commercial carriers avoid the region.

Why Hormuz Matters

Approximately twenty percent of global oil trade and significant LNG volumes pass through the narrow strait. For China, the stakes are acute: roughly forty percent of its crude imports and a substantial portion of its LNG transit this chokepoint. The closure has immediately triggered a global supply shock and forced rapid rerouting of maritime trade.

Part 3: Impact on China's Economy – Short-Term Pain, Strategic Adaptation

Immediate Supply Shock

China imported up to 1.4 million barrels per day from Iran in late 2025—representing a significant share of its total crude imports and the vast majority of Iran's exports. With Iranian production and exports collapsing due to infrastructure damage and shipping halts, China faces an immediate shortfall in discounted crude.

Teapot refineries in Shandong province—historically reliant on cheap Iranian and Venezuelan barrels—are particularly exposed. Many have been forced to seek replacement crude at higher market prices, squeezing already-thin refining margins and forcing temporary capacity cuts.

Price Pressures and Inflation Dynamics

While global crude benchmarks have hovered near elevated levels amid the crisis, China's domestic inflation picture remains complex. Standard economic modeling suggests a sharp oil price increase could reduce China's GDP growth by roughly half a percentage point. However, China is currently experiencing deflationary pressures and modest wage growth, which may partially insulate it from the cost-push inflation affecting Western economies. The government also faces constrained fiscal room to subsidize consumers, given existing deficit targets.

Strategic Buffers: Reserves and Diversification

China is not without defenses:

• Strategic and commercial oil reserves total an estimated 1.3–1.4 billion barrels, covering roughly four months of imports.
• Russian pipeline supplies provide overland diversification, though capacity is near maximum and competing global demand limits spare volumes.
• China has accelerated clean energy investments and reached its wind and solar deployment targets years ahead of schedule, structurally reducing long-term oil dependence.

The Bigger Picture: Export Competitiveness and Geopolitical Positioning

Paradoxically, the crisis may offer China relative advantages:

1. Export competitiveness: If energy-driven inflation weakens European and US manufacturing more severely than China's, Chinese exports could gain market share.
2. Diplomatic leverage: China's role as a potential mediator between regional powers could elevate its geopolitical standing.
3. Strategic observation: Real-time monitoring of naval operations in the Gulf provides valuable intelligence should tensions escalate in other maritime regions.

However, risks remain significant. A prolonged Hormuz closure could disrupt Chinese exports to the Middle East, which grew rapidly amid shifting trade patterns. Additionally, a global demand slowdown triggered by energy shocks could reduce appetite for Chinese manufactured goods, exacerbating domestic industrial overcapacity.

Part 4: The US Interest – Heavy Crude and Refining Economics

While the US is a major producer of light, sweet shale oil, its refineries—particularly on the Gulf Coast—are optimized for heavy crude inputs. Blending Venezuelan heavy oil with domestic light grades allows refiners to maximize yields of high-value products like diesel, jet fuel, and petrochemical feedstocks.

By disrupting the Iran-Venezuela-China loop, US policy aims to:

• Replace a sanctions-evading supply chain with Western-controlled alternatives
• Optimize US refining capacity and profit margins
• Reduce China's access to discounted crude that subsidizes its industrial competitiveness

The strategy carries inherent risks, nonetheless. Prolonged disruption in the Hormuz threatens global oil prices, potentially harming US consumers and allies dependent on Middle Eastern energy, while accelerating global efforts to reduce dollar-denominated oil trade.

Chemistry, Conflict, and Calculated Adaptation

The recent US-Iran conflict and Hormuz closure represent more than a military confrontation—they are a stress test of the intricate chemical and commercial networks that power the global economy. For China, the immediate challenge is replacing millions of barrels per day of discounted crude while managing inflationary pressures and supply chain disruptions.

China's response, still, reflects a broader strategic reality: in an era of fragmented energy markets, resilience comes not from dependence on any single supplier, but from diversification, stockpiling, technological advancement, and diplomatic flexibility. The blending recipe that once linked Caracas, Tehran, and Beijing may be disrupted, but the chemistry of adaptation continues.

As ceasefire talks proceed and shipping lanes remain contested, one truth endures: in the 21st century, energy security is written not just in barrels per day, but in molecules, markets, trade routes, and the delicate balance of power that governs them all.

What will emerge after this crisis is likely a different world with new maps of control and new silk roads that will continue to transform the world.

Russia and Iran Seal $25 Billion Nuclear Deal in the Shadow of Conflict

Russia and Iran Seal $25 Billion Nuclear Deal in the Shadow of Conflict

    Friday, September 26, 2025   No comments

In a move that signals a profound shift in the geopolitical landscape, Iran and Russia have signed a monumental $25 billion agreement to expand Iran’s nuclear energy program. The deal, coming just 15 weeks after a major US-Israeli attack on Iranian nuclear facilities, is being interpreted by analysts as more than a simple commercial venture; it is a strategic gambit that likely includes unspoken security guarantees, effectively placing Iran’s nuclear ambitions under a Russian shield.

The Deal: A Massive Expansion of Nuclear Capacity

The agreement, signed between Iran’s Hormoz Energy Company and Russia’s state nuclear corporation, Rosatom, entails the construction of four new, advanced nuclear power plants in Iran’s southern Hormozgan province. The project, which will occupy a 500-hectare site, involves third-generation reactors, representing a significant technological leap. This deal is an execution of a memorandum of understanding signed days earlier in Moscow, highlighting the rapid pace of deepening ties between the two nations.

This expansion is in addition to Rosatom’s ongoing work completing the second and third units at the existing Bushehr nuclear power plant, solidifying Russia's role as the primary architect of Iran's civilian nuclear infrastructure.

Strategic Context: The Unspoken Security Guarantee

The timing and scale of this agreement cannot be divorced from the recent military confrontation. A 12-day war, initiated by a US and Israeli strike on Iran's nuclear facilities, demonstrated Tehran’s vulnerability to Western military action. However, one critical detail from that conflict has not gone unnoticed in world capitals: Russian-built facilities, namely the Bushehr power plant, were conspicuously spared from attack.

This selective targeting is widely believed to be a deliberate choice by the US and Israel to avoid a direct military confrontation with Russia. It underscored a stark reality: infrastructure under Moscow’s umbrella enjoys a level of protection that purely Iranian facilities do not. 

It is within this context that the new $25 billion deal must be viewed. While officially a "peaceful nuclear energy" project, the agreement almost certainly contains implicit, if not explicit, security understandings. By massively expanding its physical and financial stake in Iran’s nuclear program, Russia is raising the stakes for any future adversary.

An attack on these new facilities would not just be an attack on Iran; it would be an attack on a $25 billion Russian asset, potentially triggering a direct response from Moscow. This creates a powerful deterrent. The security guarantee may also manifest in the form of advanced Russian air defense technology, such as the S-400 system, specifically deployed to protect these sensitive sites.

Geopolitical Implications: A New Axis Solidifies

This deal represents a formalization of the Iran-Russia axis, which has been strengthening over years of shared opposition to Western foreign policy. For Russia, the agreement serves multiple strategic purposes:

• Economic Leverage: It injects billions into its state-owned nuclear industry, circumventing Western sanctions.
• Strategic Depth: It anchors Russian influence deep in the Middle East and the crucial Strait of Hormuz. 
• Deterrence Posturing: It signals to the West that Russia is willing to directly underwrite the security of US adversaries, complicating future military calculations.

For Iran, the benefits are equally clear. Beyond the energy independence the plants may provide, the deal offers a form of insulation from external military threats that it could not achieve on its own. In the wake of the recent attacks, securing this Russian "nuclear umbrella" for its facilities is a paramount strategic victory.

Beyond this deal...

The $25 billion nuclear deal between Moscow and Tehran is far more than an energy contract. It is a direct consequence of the recent conflict and a strategic response to it. By embedding its nuclear corporations ever deeper into Iranian soil, Russia is not just building power plants; it is constructing a geopolitical fortress. The unspoken message to the West is clear: any future strike on Iran’s nuclear program will have to calculate the high risk of striking a Russian target, fundamentally altering the calculus of confrontation in the Middle East. 

Pakistan: Iran has the right to respond to the targeting of its consulate in Damascus

Pakistan: Iran has the right to respond to the targeting of its consulate in Damascus

    Wednesday, April 17, 2024   No comments

Pakistani Defense Minister Khawaja Muhammad Asif stressed - today, Tuesday - that Iran has the right to respond to the Israeli raid that targeted the consular section of the Tehran embassy in Damascus, commenting on the Iranian attack that targeted Israel last Saturday in response to the bombing of its consulate.

Asif warned that the growing tension in the region may affect other countries, including Pakistan, and believed that the furnace of war may spread to countries that support Israel, in his speech to Pakistan's Geo News TV.

He stressed that his country does not want tensions to escalate in the region, but stressed that the genocide committed by Israel against the Palestinians in the Gaza Strip must stop.

On the other hand, the minister stressed that his country is in a position that allows it to complete the natural gas pipeline project with Iran, and that it is determined to do so.

He stated that Pakistan is extending the part of the pipeline extending from the Jaffdar region to the Iranian border on its territory.

Iranian President Ibrahim Raisi is scheduled to visit Pakistan on April 22, according to Pakistani media.

The first flow of Iranian gas to Pakistan was expected to begin in January 2015 after the two countries agreed on this, but no progress was made on the pipeline due to international sanctions against Iran and opposition from the United States.

The US troops in Iraq are there to stay unless the US government chooses to pull them out

The US troops in Iraq are there to stay unless the US government chooses to pull them out

    Sunday, February 25, 2024   No comments

 Since the 1990 US intervention in Iraq and the UNSC action after Iraq’s invasion of Kuwait, Iraq lost control of its economy and that has not changed. The Iraqi government recently asked the US to schedule full withdrawal of the latter’s troops. That is unlikely to happen unless the US needs or wants to pull troops out, because the US maintains tight control over the Iraqi economy which is entirely dependent on oil. Revenues from the sale of Iraqi oil is processed by US banks and the US government is leveraging it to keep troops in Iraq. 

Member of the Finance Committee in the Iraqi Parliament, Jamal Kujar, confirmed that there are three economic files that the United States uses to pressure Iraq, namely the oil file, Iraqi funds in the US Treasury, and the dollar file, and that the release of Iraqi funds in the US Federal Bank has become conditional in accordance with American controls and specifications.

 Koger explained, “These files represent strong and influential pressure cards if used against Iraq, because the Iraqi economy is fragile and depends entirely on oil revenues at a rate of up to 94% of the gross national product.”

 Oil export revenues in 2023, according to data issued by the Ministry of Oil last January, amounted to about 87.6 billion dollars, at a rate of about 7.3 billion dollars per month. The country sold more than 1.23 billion barrels.

 Iraqi funds deposited with the US Federal Bank from oil export revenues, which is a procedure applied within the requirements of Chapter Seven of the United Nations procedures following the Iraqi invasion of Kuwait in 1990 and is still in effect, in addition to the inclusion of new Iraqi companies and banks on the sanctions list it issues.

 

Qatar in talks with Algeria to invest in petrochemical projects in the North African Country

Qatar in talks with Algeria to invest in petrochemical projects in the North African Country

    Thursday, August 24, 2023   No comments

According to an Elkhabar Daily report published on 18 August, Qatar is currently in talks with the Algerian government to construct a chemical power plant for Algiers in a bid to kick-start a potential partnership with state-run petroleum corporation Sonatrach.

Qatari news agency Doha News disclosed that Algerian Minister of Energy and Mines, Mohamed Arkab, met with the Qatari ambassador Abdul Aziz Ali Al-Nama in Algiers on 17 August to discuss the construction project details.

Arkab revealed to Elkhabar Daily that "Sonatrach is ready to work with Power International to achieve that project, which is part of Algeria's strategy to develop the industrial sector."

This recent development comes after Algeria implemented reformed hydrocarbon regulations designed to entice investors, improve processing mechanisms, and establish a longitudinal vision for the North African country that will boost the national economy and increase employment.

The report further disclosed that the next meeting between Qatar and Sonatrach will be organized in September. In addition, Qatar's ambassador to Algiers emphasized that numerous Doha-based companies are highly interested in investing in integral projects in Algeria, specifically in the sectors of exploration, manufacturing, research, and the petrochemical industry.

Sonatrach generates nearly $2 billion in sales annually and employs around 3,000 people. Sonatrach's petrochemical programs have also led several petrochemical construction projects, as well as consolidating partnerships with Turkiye, TotalEnergies, and a UK-Chinese consortium.

Since 2022, Qatar has sought to bolster relations with countries residing outside of the West Asian region in an attempt to diversify its economy and to alleviate the impact of the global energy crisis instigated by the imposition of western sanctions against Russia.

Last week, Qatar began its construction of 500,000 residential units in the northwestern Nigerian state of Kaduna as part of its Mega Economic City project.

Furthermore, Qatar and India reached the final stages of their Liquefied Natural Gas (LNG) agreement earlier this month, which would see Doha providing New Delhi with 1 million metric tonnes of LNG per year.

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Days before Blinken visit to the kingdom, Saudi Arabia welcomes Venezuelan President

Days before Blinken visit to the kingdom, Saudi Arabia welcomes Venezuelan President

    Monday, June 05, 2023   No comments

Maduro's visit comes as the kingdom has restored ties with both Iran and Syria, two nations that are also target of the US 'maximum pressure' sanctions campaign.

Previously, Prince Faisal bin Farhan bin Abdullah, the Saudi Minister of Foreign Affairs, reviewed with his Venezuelan counterpart Eban Eduardo Gil Pinto, on Monday, aspects of cooperation between the two countries, and ways to enhance and develop them in various fields.

This came during their meeting in Jeddah, where they discussed intensifying joint coordination on many regional and international issues of concern to the two countries, and their efforts to establish international peace and security, and contribute to achieving global sustainable development goals.

  

With the imminent lifting of subsidies, huge queues at petrol stations in Nigeria

With the imminent lifting of subsidies, huge queues at petrol stations in Nigeria

    Friday, June 02, 2023   No comments

The persistent problem of strategic planning by Africa's leaders is manifesting itself in the most populous and energy rich African country, Nigeria.

The fuel crisis in Nigeria occupies the largest part of the momentum throughout the country, as it fluctuates from time to time between a shortage of imports and their impact on global prices, and the absence of local refining capabilities and the stoppage of refineries.

Since Tuesday, huge queues have formed outside petrol stations across Nigeria, after new President Paula Tinubu announced that fuel subsidies would soon be scrapped, causing panic among consumers.

The new president, Bola Tinubu, 71, who was recently sworn in, said there would be no grant spending in his budget, in line with his campaign promise.

"Instead, we will redirect the money toward better investments in public infrastructure, education, healthcare and jobs that will improve the lives of our citizens," he added.

He pointed out that "support is fading," without specifying a specific date, which led to confusion among the population and prompted motorists to rush to service stations.

Yesterday, Tuesday, the president's communications team said that the subsidy will end at the end of next June, describing the panic buying of fuel as "unnecessary."

Nigeria trades its billions of dollars worth of crude for imported fuel (due to failed state refineries), which it then subsidizes to maintain an artificially low price in the market, creating a financial chasm.

Therefore, it is a very popular measure among the population, but it withdraws billions of dollars from the public treasury every year.

Over the past ten years, the authorities have attempted to abolish this subsidy on several occasions. But to no avail. Each time, they had to back down in the face of public anger that the unions amplified to the limit.

And in 2012, the Nigerian army took to the streets to keep calm during demonstrations against the removal of subsidies.

German investigators: Ukraine blew up Nord Stream pipelines

German investigators: Ukraine blew up Nord Stream pipelines

    Tuesday, May 23, 2023   No comments

German investigators are sceptical of claims that Russian naval ships sabotaged the Nord Stream gas pipelines and are instead pursuing leads that point to the Ukrainian authorities, according to a report.

Three of the four strands of the pipelines, built to transport Russian gas to Germany on the bed of the Baltic Sea, were knocked out by underwater explosions last September, effectively severing the main energy link between the two countries.

Previously, Pulitzer Prize-winning investigative journalist Seymour Hersh blamed the US administration for the bombing of the Russian Nord Stream gas pipeline, which took place last September.

Earlier this year, the UNSC, which literally stands for the United Nations Security Council, and whose mission “is to maintain international peace and security;” failed to adopt a resolution that “would have established an international independent investigative commission into the September 2022 “acts of sabotage” committed on the Nord Stream gas pipeline in the Baltic Sea.”

Thereafter, the US administration released its own report claiming that a pro-Ukraine group was behind the attack on the pipeline, a statement that was ridiculed by China, with Chinese official posting a reaction to the statement saying, "Is the [pro-Ukraine group] named Biden Administration?"

Media Review: The world of the dollar reserve system is coming to an end

Media Review: The world of the dollar reserve system is coming to an end

    Wednesday, April 05, 2023   No comments

The American magazine "The National Interest" reported that "the American president said that the ruble will turn to rubble, and the French finance minister said that the Russian economy will collapse, but despite these statements, the sanctions did not result in any major tsunami of regime change."

And it reported that “the movement to (Eurasian) resource-backed currencies was accelerated by the United States’ recognition of the trend and its attempt to reverse it, ostensibly through the war in Ukraine,” noting that “the revolution in the economy is not Bitcoin, but rather resource-based currencies.”

She explained, “With the Russians capping the price of their gold, Russian investors were stuck with an undervalued ruble, forcing it to appreciate against the dollar. In the past six months, the ruble has strengthened steadily. Then Putin added the double whammy that buyers of Oil can be bought with rubles or gold.

According to her, "If they buy oil with gold, they actually get a discount on oil, which leads to increased pressure on the supply of gold, which raises the price."

Therefore, "the West's commitment to burning the ruble backfired, and the strengthening of oil prices had a reinforcing effect on the ruble. As a result, in the land of paper, Russia and China are now able to control gold and oil prices," she says.

"The world of the dollar reserve system is coming to an end, as domestic funds were artificially inflated by the West in order to buy the assets of the East cheaply, and now it is payback time for the East," The National Interest confirmed.

The magazine concluded: "The dollar is still the reserve currency. This seismic change will not happen overnight, but the seeds were sown," stressing that "the current banking crisis is a symptom of the weakness of the monetary system, and what is happening in the West is the gradual death of paper currencies."

Saudi Arabia will stop oil supplies to countries that set a price ceiling on its oil

Saudi Arabia will stop oil supplies to countries that set a price ceiling on its oil

    Thursday, March 16, 2023   No comments

In another guesture in support of Russia and dismiss of EU actions, Saudi Arabia announced that it will stop oil supplies to countries that set a price ceiling on its oil

This was stated by the Minister of Energy of the Kingdom, Prince Abdulaziz bin Salman.

In his view, price ceilings set for a country or a group of countries, for oil or any other commodity, will lead to individual or collective responses with serious consequences.

"So if there is a price cap on Saudi oil exports, we will not sell oil to any country that imposes a price cap on our supplies, and we will cut oil production, and I would not be surprised if others do the same," he said. the minister said.

The Saudi Energy Minister, Abdulaziz bin Salman, and the Russian Deputy Prime Minister, Alexander Novak, confirmed during their meeting in Riyadh, today, Thursday, their countries’ commitment to the decision taken by “OPEC +” to reduce oil production by two million barrels per day until the end of 2023.

The Saudi Press Agency, "SPA", stated that bin Salman and Novak discussed the conditions of the global oil market, and the efforts of the "OPEC +" group aimed at "enhancing market stability and balance."

The two sides affirmed their countries' commitment to the decision taken by the "OPEC +" group, last October, to reduce production by two million barrels per day until the end of 2023, and the continuation of cooperation between the two countries, within the framework of the group, to enhance the stability and balance of the global market.

A few days ago, the US Assistant Secretary of State for Economic and Energy Affairs, Jose Fernandez, called on oil-producing countries, including the Organization of Petroleum Exporting Countries (OPEC), to "increase the quantities of crude supplied in the markets."

And in early October 2022, “OPEC +” decided to reduce its production by two million barrels per day, at a level that it has not changed since then.

It is noteworthy that the American "The Intercept" website had previously stated, quoting informed Saudi sources, that Riyadh had pressured to cut oil production twice more than what Russian President Vladimir Putin had requested.

On October 14, a spokesman for the National Security Council at the White House, John Kirby, said that "more than one member" of "OPEC +", without specifying them, disagreed about the size of the cut, but Saudi Arabia forced them to agree to it.

 

Investigative journalist Seymour Hersh: The CIA carried out the Nord Stream bombing

Investigative journalist Seymour Hersh: The CIA carried out the Nord Stream bombing

    Thursday, February 09, 2023   No comments

Pulitzer Prize-winning investigative journalist Seymour Hersh blamed the US administration for the bombing of the Russian Nord Stream gas pipeline, which took place last September.

According to a report by the veteran journalist, the bombing of an underwater gas pipeline in the Baltic Sea was a covert operation ordered by the White House and carried out by the CIA.

In a 5,000-word lengthy report, Hirsch wrote that the operation was disguised "under the guise of a widely publicized NATO mid-summer exercise known as Operation Baltic-22" that took place this past June. .

In the report, Hersh says that the American divers in the deep sea used NATO military exercises as a cover, and planted mines along the pipelines, which were later remotely detonated.

The famous American journalist added that the "black operation" was ordered by President Biden, and the attack was carried out by the CIA in cooperation with Norway.

He added that Biden's decision to sabotage the pipelines came after more than 9 months of top-secret planning within the US national security community.

Speaking about his source, Hirsch said: "At the time, the issue was not whether the task should be done, but how to get it done without a clear clue as to who was responsible."

In his report, Hersh included statements and information that he considered as indications of the US administration's responsibility for the attack, describing its behavior as a result of complete insistence.

The journalist mentioned that Biden met in his office, in the White House, the German Chancellor, Olaf Scholz, less than 3 weeks before the Russian military operation that began at that time in Ukraine, and he had defiantly said in the press conference that followed the meeting: “If Russia invaded Ukraine, There will be no Nord Stream 2, and we will put an end to it."

Hersh continued in this context, recalling that the US Undersecretary of State, Victoria Nuland, had delivered the same message in a press briefing at the Ministry, with little press coverage. In response to a question at the time, she said: "I want to be very clear with you today, if Russia invades Ukraine, Nord Stream 2 will somehow not move forward."

The American journalist Hersh, known for his investigative reports on American crimes in Vietnam and the Middle East wars, was able to obtain information about the operation from an unnamed source, but he stated that he was directly involved in its preparation, as he put it.

It is noteworthy that Hersh was the one who revealed the torture scandal in the Iraqi Abu Ghraib prison, which sparked a global outcry and widespread condemnation of the US administration.

For its part, the Pentagon responded to Hersh's report and said that the United States had nothing to do with the bombing of the Nord Stream gas pipeline.

Today, Department Spokesperson Jaron Gorn stated that the United States was not involved in the Nord Stream explosion, as he referred to the speech of Deputy Assistant Secretary of Defense Laura Cooper, who claimed on October 4 that "the United States was not involved in any Anyway" in this matter.

On the other hand, the spokeswoman for the Russian Foreign Ministry, Maria Zakharova, said that all the facts cited by the American journalist in his investigation, about the role of the United States in the sabotage of "Nord Stream", must be commented on by the White House.

Zakharova added that Moscow has repeatedly expressed Russia's position on the involvement of the United States and NATO in this incident.

The Russian Foreign Ministry spokeswoman stressed that the West did not hide this, adding, "The West was bragging to the whole world about its intention to destroy the civilian infrastructure through which Europe obtained Russian energy resources."

Last Thursday, Russian Foreign Minister Sergey Lavrov, in a joint interview on the "Russia 24" channel and the "Novosti" agency, accused the United States of being directly involved in the bombing of the "Nord Stream" gas pipeline.

Last September, a series of powerful explosions destroyed the Nord Stream 1 and 2 pipelines, which pass through the Baltic Sea from Russia to Germany and provide cheap gas to Europe, and it was soon revealed that the attack was an act of deliberate sabotage. The perpetrator has not yet been identified.