Fears of a global energy shortage are rising amid new revelations about damage inflicted last week on a key oil pipeline in Saudi Arabia. According to a Monday report in The Associated Press, Saudi Arabia’s East-West Pipeline, which is used to transport oil to the Red Sea, will be shut down for weeks after being hit last Thursday by a drone strike. Anonymous officials in the region told…
Source
Yemen is at risk of spiraling back into all-out war as Houthi forces and Saudi Arabia exchange new strikes amid a fight over control of the key Bab el-Mandeb strait through which much of Saudi oil passes on its way to world markets. The Houthis, the Iran-allied force also known as Ansarallah, has seized Yemen’s entire Red Sea coastline from the Saudi-backed Yemeni government.
Source
President Donald Trump said on Wednesday that the U.S. is going to “beat” the “f****** s***” out of Iran, in a chilling new threat of escalations as the war spirals out of control and engulfs more regional conflicts. “We’re going to beat the f****** s*** out of them,” Trump told Fox’s Trey Yingst. It’s unclear if Trump censored himself, or if the outlet censored his words. “We’ll be hitting…
Source
The United Arab Emirates announced on Tuesday that it is leaving the Organization of the Petroleum Exporting Countries, known as OPEC, and OPEC+, in a major blow to the cartel amid an energy crisis caused by the U.S. and Israel’s war with Iran. The country’s departure will take effect on May 1, it announced in a statement issued through its state news media. It will allow the country to…
Source
The ranking Democrat on the House Judiciary Committee on Friday morning announced a “sweeping” probe into alleged self-enrichment by Jared Kushner, the son-in-law of US President Donald Trump who has served as a high-profile White House envoy in the Middle East while also, according to Congressman Jamie Raskin, “soliciting billions of dollars from Gulf monarchies for [his] private business…
Source
On Thursday, March 19, Saudi Arabia’s foreign minister Prince Faisal warned Iran that tolerance for its regional attacks was running short — and that the Saudi regime has “the right to take military actions if deemed necessary.” He elaborated that Saudi Arabia and other Gulf states have “very significant capacities and capabilities that they could bring to bear” if the attacks continue.
Source