Oil & Currency Wars

What Happens If Russia Turns Off The Gas Taps To Europe

What Happens If Russia Turns Off The Gas Taps To Europe

Russia has set a March 31 ultimatum for “hostile” nations to start paying for natural gas imports in rubles. Countries that placed economic sanctions on the Russia and frozen its foreign currency reserves will be affected by the new currency-switch regulation. This is especially concerning for those EU countries that

Read More »

Ukraine Crisis And Rise Of The PetroRuble

Russian President Vladimir Putin declared at a conference with the administration on Wednesday that Russia would only accept ruble payments for gas shipments to “unfriendly countries.” This could indicate the resurgence of the Russian economy and the rise of the PetroRuble.

Read More »
Beirut Explosion & The Covert War For Lebanon’s Oil Block 9

Beirut Explosion & The Covert Oil War For Lebanon’s Block 9

The massive explosion that rocked Lebanon completely obliterated the Port of Beirut. Although, officials did not say what caused the initial blaze that set off the blast, the Port of Beirut has been caught in a covert war brewing in Lebanon for sometime. Commentators on the Levant have long been

Read More »
Venezuela to sue US in International Criminal Court

Venezuela To Sue US In International Criminal Court

President Nicolas Maduro has announced that Venezuela will sue US in International Criminal Court (ICC) for severe damage caused by the economic sanctions. Meanwhile, an India-Russia partnership is helping Venezuela bypass the US imposed sanctions. Venezuela to sue US in International Criminal Court Venezuelan President Nicolas Maduro has announced that

Read More »