Russ Read Saudi Arabia took its first step in preparing an invasion of Syria by moving ground forces and fighter aircraft to Turkey’s Incirlik base. Turkish foreign minister Mevlut Cavusoglu announced the move on Saturday, just two days after Saudi Arabia said the decision to send its forces into Syria was “final” and irreversible….
By Michael Bastasch U.S. and Iranian diplomats have agreed to end sanctions on the world’s largest Shi’ite Muslim country, causing oil prices to tumble as markets feared more crude will be added to global supplies. Bad news for Saudi Arabia, but good new for Iran which will soon be able to sell oil to eager…
By Michael Bastasch Published: December 4, 2014 It was only four years ago that economist and New York Times Columnist Paul Krugman sounded the alarm on peak oil, lamenting that high oil and commodity prices reflect the fact that we live in a “finite world.” But now oil prices are plummeting as U.S. oil production…