Washington D.C. (SCF) – After dramatic and patently scripted warnings of “Iranian aggression” by bellicose US officials, there then follows – conveniently enough – an alleged sabotage incident in the Persian Gulf region implicating Iran. Meanwhile, US Secretary of State Mike Pompeo poses with a straight face that his countryContinue Reading
Washington D.C. (TNA) – Oil futures rose on Monday on increasing concerns about supply disruptions in the crucial producing region of the Middle East even as investors and traders fretted over global economic growth prospects amid a standoff in the Sino-US trade talks. Brent crude futures were at $71.00 aContinue Reading
Tehran (TNA) – Crude oil could surge to more than $120 a barrel, according to Bank of America Merrill Lynch analysts, if the Trump administration were to order a complete cutoff of Iranian barrels before the end of the year. “Oil is now a game of chicken,” the analysts wrote inContinue Reading