Houthi Rebels (Iranian backed rebels in Yemen) launched a drone strike against oil facilities in Saudi Arabia. The Saudis have shut down about 50% of their facilities representing 5% of global output. https://www.wsj.com/articles/drone-strikes-spark-fires-at-saudi-oil-facilities-11568443375 https://www.apnews.com/d20f80188e3543bfb36d512df7777cd4/gallery/92673ff8ce9e473d9fa9021e9a306b2b
Reason #45684 to move our energy infrastructure to American manufactured renewables to break our dependency from foreign oil.
a blessing in disguise, the idiot Bin Salaman is determined to sell Aramco, this incident helps to slow the IPO's process
Drone attacks are the next big thing. Seriously. Russia is jamming GPS over most of the Middle East as a result of drone attacks by DAESH on a Russian airbase in Syria. The insurgent types have bee building up the skill set for five or six years. For a few hundred dollars investment you can do millions of dollars of damage to the enemy without loss of life. It is turning out to be a super effective tactic.
Crude prices jumped 18%. It feels like yesterday when regular gasoline was $4/gallon. Then the global economy crashed. Where do you see it peaking this time?
trump appears to be waiting for his saudi patrons to give him direction... As always, there is a tweet from the past:
Trump is living in the past. Iran would be a better ally as they are more secular and we aren't dependent on Saudi oil anymore
Trump seeks to commemorate the 18th Anniversary of September 11 by 1) inviting the Taliban for a vacation weekend at Camp David 2) putting the US Military at the disposal of the Saud family The America Last policy is tired of winning, yet...