Naval incidents in the Gulf have spotlighted the danger that a U.S.-Iranian skirmish could blow up into war. The two sides have little ability to communicate at present. They should hasten to design a military-to-military channel to lower the chances of inadvertent conflagration.
Read More »Recent Posts
Covid-19 and the oil market crash spell the end for US hegemony and the petrodollar
The combined impact of the oil war between Russia and Saudi Arabia and the fall in demand for crude oil during the coronavirus pandemic has led to the collapse of the oil market. Prices have plunged down to unchartered territory, from $18 a barrel to as little as minus $40 …
Read More »Saudi Arabia to hold prayers in Makkah and Madina ‘without worshippers’ during Ramadan
Makkah and Madina will hold the nightly Taraweeh prayers during Ramadan but only in the presence of clerics and staff who work on maintenance, the kingdom announced yesterday.
Read More »
Eurasia Press & News