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HomeGeopolitical

Geopolitical

Iran
Crude Oil News

Iran sees its oil production rising to 3.6 million barrels per day by March 2024

November 22, 2023 Mariel Alumit

Oil Price Iran expects its oil production to rise to 3.6 million barrels per day (bpd) by the end of the current Iranian year in March 2024, from around 3.3 million bpd now, Iran’s Oil Minister Javad […]

Hormuz
Crude Oil News

The Strait of Hormuz is the world’s most important oil transit chokepoint

November 21, 2023 Mariel Alumit

The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The Strait of Hormuz is the world’s most important oil chokepoint because large […]

UAE
Crude Oil News

The UAE could raise oil production regardless of OPEC+ decision

November 21, 2023 Mariel Alumit

Oil Price OPEC’s third-largest producer, the United Arab Emirates (UAE), could raise its oil output next year as it has won a higher quota under the OPEC+ agreement. Source: Oil Price The UAE, OPEC’s third-biggest […]

Crude Oil News

The White House does not expect Arab states to weaponize oil – Biden administration playing ostrich again.

November 21, 2023 Mariel Alumit

ENB Pub Note: The US administration clearly has its head in the sand. China and Saudi Arabia have just exchanged billions in currency to trade oil outside the “Petro Dollar.” After the Biden administration weaponized […]

Crude Oil News

China and Saudi Arabia set up currency swap line – Petro Dollar Dies Sooner Than Later

November 20, 2023 Mariel Alumit

BEIJING, Nov 20 (Reuters) – The People’s Bank of China and the Saudi Central Bank recently signed a local currency swap agreement worth 50 billion yuan ($6.93 billion) or 26 billion Saudi riyals, both banks […]

Argentina
BRICS

Argentina won’t join BRICS – newly elected president

November 20, 2023 Mariel Alumit

Javier Milei pledged to stay away from China and Brazil, as well as to dollarize the country’s economy Argentina is not planning to become a member of BRICS on January 1, Diana Mondino, senior economic […]

Crude Oil News

EU state threatens to block new sanctions on Russia

November 19, 2023 Mariel Alumit

The Slovak foreign minister rejects Brussels’ proposal to add nuclear fuel supplies to the upcoming round of penalties The government of Slovakia will not support restrictions on imports of nuclear fuel from Russia as part […]

US
Finance

Foreign buyers moving away from US debt – WSJ

November 19, 2023 Mariel Alumit

Share of US Treasuries owned by overseas holders has shrunk significantly in ten years, the newspaper reports Demand for US outstanding government debt from overseas buyers has significantly reduced with share of Treasury bonds hold […]

Finance

Bloomberg outlines how Russia has shrugged off sanctions

November 19, 2023 Mariel Alumit

Key sectors of the Russian economy have adapted to sanctions or completely recovered from them, as the country shows a greater level of resilience than Western governments had expected, Bloomberg reported on Thursday. Industries ranging […]

Climate Crisis

Chinese tech companies are exploiting US green energy goals, former State Department officials warn

November 18, 2023 Mariel Alumit

  Watch the latest video at foxnews.com Fox EXCLUSIVE: Two former U.S. ambassadors are sounding the alarm on the increasing number of green energy projects nationwide being developed with the involvement of Chinese companies. Former U.S. Ambassadors […]

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