Two issues connected

It is easy to see the connection, but at that point one wonders whether the real connections are made. The first article is ‘White House faces oil standoff with Saudi Arabia and UAE as prices soar’, the article (at https://www.theguardian.com/us-news/2022/mar/13/white-house-us-joe-biden-oil-output-prices-saudi-arabia-uae) gives us “Saudi Arabia’s de facto leader, Mohammed bin Salman, and his counterpart in the United Arab Emirates, Mohammed bin Zayed, are yet to agree to a phone call with the west’s most powerful man”, my takeaway is the question whether the ‘west’s most powerful man’ is actually that. We also get “Each capital is a major supplier of oil, with excess capacity, which would soften the effect on US consumers through fuel prices before midterm elections in November that threaten Democratic control of Congress” and this is enough for article one. We see a few issues, the oil pries are still soaring and so far that so called most powerful man has not really achieved anything, has he? 

In the second article called ‘Iran suspends talks with Saudi, slams Riyadh’s executions’ (at https://www.reuters.com/world/middle-east/iran-suspends-talks-with-saudi-arabia-nour-news-2022-03-13/), which is kinda hilarious, especially as Iran had 299 documented executions in 2021. Yet the story also gives us ““Iran has unilaterally suspended talks with Saudi Arabia,” Nor News said, without providing a reason. It said no specific date had been scheduled for a new round of talks”, not unexpected, but that is the effect of diplomacy with a toddler like Iran. You see I think there is more to it. I think Russia is trying to put the pressure on the west, the US is the weakest with its ‘nuclear deal’ ego. And as Iran suspends talks they continue to enrich uranium. Delay after delay until it is too late. 

Am I correct?
To be honest, I am not certain, I could very well be wrong. But consider Russia entanglement in the middle east and especially with Iran, it wants to play tits for dad (oops) by withholding the milk (oil) and this play seems to be actually working out. President Biden did this in part to himself. And now the larger stage is pushed into directions it should not have been going in. Yemeni’s and Syrians feel more and more betrayed by the west, and honestly, I cannot blame them for that. 

My issue is that Russia is playing a way too dangerous game, as they are now part of the delays, Iran might finish what it wants and when that goes the wrong way and Israel gets its first nuclear detonation, the bars are sealed. The USA must prove its word or be seen as flaccid and irrelevant on the political stage. And their play (as I mentioned in previous articles) in the Kingdom of Saudi Arabia was badly managed and even worse constructed and now that the US is desperate for cheaper oil they will feel the sting of biting the hand that was feeding them. It was bad already and now there is every indication that Russia is making matters worse via Iran. 

Russia is the connection. It is souring the Nuclear deal, and it has a handle on the Middle East to some degree, how much I cannot tell, but some who can are not talking (for obvious reasons) and that sets the sliding scales for the US who is now on a worsening scale economically. Even as some state that oil prices are going down, I personally feel that it is temporary. It is nowhere near the old price and there are chances that it will go back to $123.70 (March 8th) and optionally higher than that. President Biden could influence it positively, but if he does not succeed then the first sign of failure is shown and the Russians want that because for them the Republicans are easier to deal with (allegedly). For President Biden it all hangs here, He is down in the senate, but if he loses even one more seat the senate will be overwhelmingly republican and that COULD happen. He has a majority in the house, but only by 11 seats and there is no guarantee that he can hold onto them. When the house is lost as well, the Democratic Party will find obstacle after obstacle and that is what they signed on for. 

The failures in the middle east, especially Iran will haunt this administration for a long time to come. And the oil prices? Well that is still up n the air, but there are indications that this will not go their way either, it is wholly due to the way they dealt with the Kingdom of Saudi Arabia. 

Leave a comment

Filed under Finance, Media, Military, Politics

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.