by
Tyler Durden
Sat, 09/14/2019 - 09:41
Update 2: In a sharp, if perhaps not
unexpected, escalation, US Secretary of State - now without John Bolton
by his side - tweeted at 4pm on Saturday, that contrary to earlier
reports, "there is no evidence the attacks came from Yemen" and instead
accused Iran of launching today's "unprecedented attack on the world’s
energy supply" which has now indefinitely taken offline as much as
5mmb/d in Saudi crude production.
In a follow up tweet, Pompeo said that he calls "on all nations to publicly and unequivocally condemn Iran’s attacks" which is odd as not even Saudi Arabia accused Iran of today's aggression (which many speculated could have been a Saudi false flag in hopes of sending the price of oil soaring ahead of the Aramco IPO). Pompeo concluded that "the United States will work with our partners and allies to ensure that energy markets remain well supplied and Iran is held accountable for its aggression."
Will this pivot away from Houthis to Iran as the "origin" of the attack be sufficient grounds to re-inflame tensions between the US and Iran, especially following last week's news that one of the reasons Bolton was fired was due to his hard-line stance on Iran even as Trump was willing to sit down with the Tehran regime for negotiations. Since the deep state stands to make much more money from war rather than peace, our guess is that the answer is a resounding "yes."
* * *
Update: The WSJ is out with an update hinting at just how much the price of oil is set to soar when trading reopens late on Sunday after theSaudi Houthi false-flag drone attack on the largest Saudi oil processing plant:
In a follow up tweet, Pompeo said that he calls "on all nations to publicly and unequivocally condemn Iran’s attacks" which is odd as not even Saudi Arabia accused Iran of today's aggression (which many speculated could have been a Saudi false flag in hopes of sending the price of oil soaring ahead of the Aramco IPO). Pompeo concluded that "the United States will work with our partners and allies to ensure that energy markets remain well supplied and Iran is held accountable for its aggression."
Will this pivot away from Houthis to Iran as the "origin" of the attack be sufficient grounds to re-inflame tensions between the US and Iran, especially following last week's news that one of the reasons Bolton was fired was due to his hard-line stance on Iran even as Trump was willing to sit down with the Tehran regime for negotiations. Since the deep state stands to make much more money from war rather than peace, our guess is that the answer is a resounding "yes."
Tehran is behind nearly 100 attacks on Saudi Arabia while Rouhani and Zarif pretend to engage in diplomacy. Amid all the calls for de-escalation, Iran has now launched an unprecedented attack on the world’s energy supply. There is no evidence the attacks came from Yemen.
We call on all nations to publicly and unequivocally condemn Iran’s attacks. The United States will work with our partners and allies to ensure that energy markets remain well supplied and Iran is held accountable for its aggression
5,454 people are talking about thi
Update: The WSJ is out with an update hinting at just how much the price of oil is set to soar when trading reopens late on Sunday after the
Saudi Arabia is shutting down about half of its oil output after apparently coordinated drone strikes hit Saudi production facilities, people familiar with the matter said, in what Yemen’s Houthi rebels described as one of their largest-ever attacks inside the kingdom.
The production shutdown amounts to a loss of about five million barrels a day, the people said, roughly 5% of the world’s daily production of crude oil. The kingdom produces 9.8 million barrels a day.
And
while Aramco is assuring it can restore output quickly, in case it
can't the world is looking at a production shortfall of as much as 150MM
barrels monthly, which - all else equal - could send oil soaring into
the triple digits. Just what the Aramco IPO ordered.
Supply loss from KSA may be as high as 150 MM barrels/month. Oil may hit $100.
52 people are talking about this
* * *
What
appears to be the most devastating Yemen Houthi rebel attack on Saudi
Arabia to date, took place overnight on the world's largest oil
processing facility as stunning videos emerged of massive explosions rocking the major Aramco Buqyaq facility.
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1 comment:
I think that the Saudis blew up these oil installations themselves, and then blamed it on Iranian drones, in order to boost the price of oil
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