Having bragged repeatedly of America’s energy independence, President Trump must confront the harsh realities of a global oil market no longer able to sustain inefficient US oil producers as he prepares to negotiate with the G20. The global economy struggles to adapt to the one-two punch of reduced oil demand brought on by the coronavirus […]
Saudi Arabia, a major strategic ally of the US, has been at the centre of an oil output cut dispute with Russia that unleashed a price war and sent already-volatile crude prices to their 18-year lows. American senators from oil-producing states reproached the Saudi ambassador in a heated phone call and threatened to rethink diplomatic […]
Plummeting oil prices have sparked another round of predictions about the economic collapse of Russia – this time from US President Donald Trump, who sounded a lot like his predecessor Barack Obama on the subject. The price of crude oil has crashed to $20 this week, due to a one-two punch of Saudi Arabia flooding […]
Global stock markets hit bear territory this week, with oil prices experiencing their biggest plunge since the 1991 Gulf War. Boom Bust is joined by Professor Richard Wolff of the Economic Update to discuss the ongoing oil crisis. He explains that the US, which wanted “energy independence,” decided 10-20 years ago to go into the […]
Yemeni Houthi rebels have released footage of what they say was a victorious offensive on the border with Saudi Najran province. It shows scores of captured military troops, including what seem to be Saudi officers, and hardware.
The Arleigh Burke-class destroyer USS Nitze, armed with surface-to-air and Tomahawk cruise missiles, was redeployed off the northeast coast of Saudi Arabia, as part of the US effort to “plug the holes” in its ally’s air defenses.
The US and Saudis are so intent on pointing the finger at Iran for the oil facility strikes because admitting the Houthis could hurt the kingdom so badly after five years of war in Yemen means facing the war’s complete failure, an expert told Sputnik. However, if they do attack Iran, Foreign Minister Javad Zarif […]
Russian President Vladimir Putin has suggested Saudi Arabia should buy Russian air defense systems to protect its oil facilities from drone attacks, pointing to Iran and Turkey, who operate S-300 and S-400 missiles, respectively.
Saudi King Salman said he “absolutely rejects” any steps that would undermine Syrian sovereignty over the Israeli-controlled Golan Heights, after US President Donald Trump recognized the area as Israeli territory.
The US has sanctioned 17 Saudi nationals for their alleged role in the murder of journalist Jamal Khashoggi. The list includes a former top aide to Crown Prince Mohammed bin Salman, and Saudi Consul General Mohammed Alotaibi.
On today’s TRUNEWS, what really happened in the Saudi embassy in Istanbul? Rick Wiles considers the convoluted international intrigue surrounding the death of Washington Post journalist Jamal Khashoggi, who Turkish reports through audio and video say was brutally carved up alive by supposed rogue elements from Saudi Arabia. Rick also looks at Khashoggi’s past connections […]
Saudi Crown Prince Mohammed bin Salman pledged that “justice will prevail” in the case involving the death of columnist Jamal Khashoggi, who was killed in the Saudi Consulate in Istanbul earlier in October.
WASHINGTON (Sputnik) – The United States has no plans to change its logistical support for Saudi-led military operations in Yemen, US Air Force Special Operations Command chief Lt. Gen. Brad Webb said at a press briefing. “I see nothing on the horizon that may change this focus at this point,” Webb said on Wednesday, when […]
A fiery speech by an Iranian representative, responding to Saudi accusations at the UN General Assembly, blamed terrorist activity around the globe on Riyadh – and even quoted Hillary Clinton to back that up. Accusing Iran of supporting terrorism was a “strange and outlandish claim” by Saudi Foreign Minister Adel Jubeir the Iranian representative said.
The US has cleared the sale of 3,200 bombs valued at about $45 million, including powerful bunker busters, to Bahrain. The Persian Gulf monarchy is hosting the US 5th Fleet and has been involved in the Saudi-led bombing of Yemen. The order would consist of 1,500 Mark-82 general purpose bombs; 600 Mark-83 bombs; 600 Mark-84 […]