Oil

“War On Tankers” To Exact A High Price For White House & Global Economy

Sunday, June 16, 2019
By Paul Martin

by Elijah Magnier ZeroHedge.com Sun, 06/16/2019 Japanese Prime Minister Abe Shinzo conveyed a message from US President Donald Trump to the Iranian leadership, asking the release of 5 US prisoners and inviting Iran to sit around a negotiation table, adding “he would be ready to suspend all sanctions only during the negotiations”.... »

Japanese Tanker Owner Denies Ship Hit By Mine, Says Crew Saw “Flying Objects” Before Attack

Friday, June 14, 2019
By Paul Martin

by Tyler Durden ZeroHedge.com Fri, 06/14/2019 For a moment on Thursday, it appeared that the US Navy had produced the ‘smoking gun’ to which Secretary of State Mike Pompeo had alluded during his statement from earlier in the day: CENTCOM footage which the Navy said purported to show Iran’s IRGC ‘caught in the act’... »

Western oil supplies could be jeopardized if Strait of Hormuz becomes unsafe, tanker union claims

Thursday, June 13, 2019
By Paul Martin

SputnikNews.com 13 Jun, 2019 Crude shipments designated for the West could be in danger, the International Association of Independent Tanker Owners (INTERTANKO) has warned after what Iran described as suspicious attacks on oil tankers in the Strait of Hormuz. “We need to remember that some 30% of the world’s (seaborne) crude oil passes through... »

‘Suspicious doesn’t begin to describe what happened’: Iran’s FM on tanker ‘attacks’ in Gulf of Oman

Thursday, June 13, 2019
By Paul Martin

RT.com 13 Jun, 2019 Iran’s foreign minister has labeled the reported attack on two “Japan-related” oil tankers in the Gulf of Oman as “suspicious,” occurring just as Japanese Prime Minister Abe came to Tehran for major talks. Expressing his misgivings on Twitter, Javad Zarif noted that the incidents on the two vessels on Thursday,... »

World War 3: How Gulf of Oman attack risks Saudi fury as Iran tensions boil over

Thursday, June 13, 2019
By Paul Martin

OIL tankers sailing from Saudi Arabia have reportedly been hit by a torpedo in the Gulf of Oman as tensions continued to rise between Iran and the Gulf States – heightening the possibility of regional conflict in the Middle East. By KUMAIL JAFFER Express.co.uk Thu, Jun 13, 2019 The US says they aren’t ruling... »

False Flag? Iran Has Little To Gain From Oman Tanker Attacks

Thursday, June 13, 2019
By Paul Martin

by Tyler Durden ZeroHedge.com Thu, 06/13/2019 Gulf of Tonkin 2.0? Regardless of whether Iran is responsible for damage to vessels in the Sea of Oman, Bloomberg’s Julian Lee explains, it will still get the blame – and suffer the fallout. Two ships with one stone: Saudis get i) higher oil price ii) US to... »

2 Tankers Damaged After Torpedo Attack Near Strait Of Hormuz; Oil Soars

Thursday, June 13, 2019
By Paul Martin

by Tyler Durden ZeroHedge.com Thu, 06/13/2019 Update 3: Managers at the companies that own the tankers have weighed in on Thursday’s attacks. The manager of the Kokuka Courageous described the incident as a “hostile attack,” and DHT Holdings and Heidmar, the owners of the two tankers, have suspended new bookings to the Gulf. *... »

WARNING: “Buckle up, folks” – Only 3 Times In History Where Gold Surged While Oil Plunged!

Tuesday, June 4, 2019
By Paul Martin

KingWorldNews.com June 04, 2019 Today a warning was issued to the financial world: “Buckle up, folks,” because there have only been 3 other times in history where gold surged while oil plunged. “Buckle Up Folks” June 4 (King World News) – Otavio Costa from Crescat Capital: “Only three other times in history precious metals... »

Explosive-laden drones attack oil pipelines in Saudi Arabia in ‘act of terrorism’: Iran-backed Yemen rebels target global oil supply two days after sabotage of tankers off UAE coast amid looming conflict in the Middle East

Tuesday, May 14, 2019
By Paul Martin

Two pumping stations on a major Saudi oil pipeline have today been attacked by explosive-laden drones Iran-backed Houthi rebels had earlier claimed to have targeted several vital Saudi targets with drones Comes after four ships, including two Saudi tankers, were damaged in ‘sabotage attacks’ off the UAE coast One of the commercial ships was... »

Kunstler Warns “This Trend Is Not Your Friend”…” not just the end of a global trade fiesta, but a world-wide synchronized economic depression.”

Monday, May 13, 2019
By Paul Martin

by James Howard Kunstler via Kunstler.com, ZeroHedge.com Mon, 05/13/2019 The be-Muellered, bothered, and bewildered American public may find US-China trade talks about as interesting as a rain delay in an Orioles-Chisox game, but the Friday collapse of negotiations may be marked by historians as the day that the global economy died. The Big Box... »

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