SAUDI CONNECTION

MoA—

The United States is pulling its Patriot missile systems from Saudi soil as part of broader curbs on its military support for the Arab kingdom, a report says. Citing unnamed US officials, The Wall Street Journal reported on Thursday that four Patriot surface-to-air missile batteries and dozens of military personnel will be removed from Saudi oil facilities. The officials said the US will also reduce its Navy presence in the Persian Gulf soon, adding that two jet fighter squadrons have already left the region.        

MoA—In the first week of January crude oil reached $69/bl but it has since dropped to $45/bl as the coronavirus crisis destroyed the global demand. The Saudis tried to make a deal with Russia, the second largest exporter after Saudi Arabia, to together cut oil production to keep the price up. But Russia rejected a new OPEC cut. It wants to keep its production up and it will use the crisis to further undermine U.S. oil fracking production. As the whole fracking boom in the U.S. is built on fraud the move might well be successful.

MoA—More foreign involvement in the war in Libya will be bad for that country but it might be good for Syria. In 2011, after NATO had supported Islamists to destroy the Libyan state, many of those fighters were transferred to Syria to help to destroy that country. Weapons from Libya were transported via Turkey to Syria to support the ‘rebels’ against the government. Both flows are now reverting

MoA—Two and a half years ago the clown prince tried to attack and occupy Qatar. The given ideological reason was the Qatari support for the Muslim Brotherhood. But the real reason was the Saudi need for more money which MbS tried to gain through a real estate and resource grab. The project failed when Turkish troops came to Qatar’s aid.