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Saudi Arabia warns of “VERY SERIOUS REPERCUSSIONS” if Israel storms Rafah

February 13, 2024 -

The ministry's statement strongly condemned the anticipated "storming and targeting" of Rafah, where approximately 1.4 million Palestinians sought safety after being displaced by Israeli bombings.

Rafah is described as "the last resort for hundreds of thousands of civilians forced to flee due to the brutal Israeli aggression," according to Riyadh. The Kingdom reiterated its unequivocal rejection and condemnation of the forced deportation, emphasizing the need for an ...

Saudi Arabia to extend its voluntary oil production cut until September

August 04, 2023 -

The state-owned Saudi Press Agency (SPA) announced the extension on Aug. 3, the third month of Riyadh cutting back on oil production. It quoted a source from the Saudi Ministry of Energy, who said: "In effect, the kingdom's production for the month of September 2023 will be approximately nine million barrels per day (bpd)."

The SPA added that the one million bpd reduction – which was also implemented in July and August – "can be extended, or extended and deepened." It ...

Saudi Arabia launches FUND DRIVE for embattled Palestinians in war-torn Gaza

November 06, 2023 -

The Saudi move comes nearly one month after the stunning Hamas attack on Oct. 7 that killed 1,400 people. Hamas also kidnapped more than 230 Israelis. The Israelis retaliated with the blockade and daily bombardment of Gaza.

Dr. Abdullah al-Rabeeah of The King Salman Humanitarian Aid and Relief Center said the initiative is aligned with Riyadh's well-established commitment to supporting the Palestinian people. Saudi Arabia has never recognized Israel and has long portrayed ...

Saudi Arabia warns of “catastrophic consequences” if Israel launches INVASION of Gaza

November 01, 2023 -

The New York Times reported on the development, citing Sen. Richard Blumenthal (D-CT). The Connecticut senator told the Gray Lady that the kingdom's leadership, helmed by Crown Prince Mohammed bin Salman, "was hopeful that a ground operation could be avoided for reasons of stability as well as the loss of life."

Meanwhile, Sen. Lindsey Graham (R-SC) further noted that bin Salman – concurrently the kingdom's prime minister – aimed to prevent "a longer and deeper conflict" ...

Saudi Arabia signs $5.6 billion deal with China to boost the kingdom’s EV industry

June 21, 2023 -

Saudi Arabia's Ministry of Investment inked a $5.6 billion deal with Chinese EV manufacturer Human Horizons to collaborate on the development, manufacture and sale of new EVs.

The agreement accounts for more than half of the over $10 billion in investments the Saudis and the Chinese signed just on the first day of an Arab-China business conference in Riyadh, with the investments involving multiple sectors including technology, renewable energy, agriculture, real estate, ...

Biden administration approves $583M arms sale to Saudi Arabia and $85M sale to the U.A.E.

December 12, 2023 -

The approval of the arms deals comes as tensions continue to rise in the Middle East and the Persian Gulf over the ongoing conflict between Israel and Hamas in Gaza and the participation of Yemen's Houthi rebels movement. (Related: U.S. warship in the Red Sea shoots down attack drones fired by Yemen's Houthi rebels.)

According to the State Department, the $583 million sale to Saudi Arabia primarily involves the Saudis purchasing upgrades for their small fleet of RE-3A ...

Saudi Arabia, UAE and Iran among six countries invited to join emerging BRICS global superpower

August 28, 2023 -

The invitation was extended by South African President Cyril Ramaphosa, who announced it publicly as he wrapped up the annual BRICS summit in Johannesburg.

In response, Saudi Foreign Minister Prince Faisal bin Farhan said the kingdom is still awaiting further details from the BRICS group about what membership entails. Once those details are provided, Saudi Arabia will make an "appropriate decision."

All six countries have expressed interest in joining the other ...

Saudi Arabia to build futuristic oasis of Neom in a bid to move beyond oil

August 11, 2023 -

According to the New Statesman, Neom is part of the kingdom's Vision 2030 spearheaded by Prince Mohammed bin Salman, also the kingdom's prime minister. The futuristic oasis is reportedly inspired by the kingdom of Wakanda as depicted in the 2018 film "Black Panther."

Neom is a sprawling $500 billion city project stretching across 10,000 square miles in the southwestern corner of the Saudi peninsula. Dubbed "a start-up the size of a country," it is a beacon of modernity ...

Twitter accused of helping Saudi Arabia commit HUMAN RIGHTS ABUSES by disclosing user information of online dissidents

September 11, 2023 -

Twitter, now referred to as X, is facing a revised civil lawsuit accusing the company of helping Saudi Arabia commit grave human rights abuses by disclosing confidential user data at the request of the kingdom's authorities.

The lawsuit, initially filed in May, delved into a series of alarming events between 2014 and 2015 when three Saudi agents infiltrated the social media company. Two of these agents pretended to work at the company, leading to the alleged ...

DEDOLLARIZATION IN FULL SWING: Oil giant Saudi Arabia formally joins BRICS group alongside UAE, Iran, Egypt and Ethiopia

February 02, 2024 -

South African International Relations Minister Naledi Pandor confirmed the full membership of Saudi Arabia, Iran, Egypt, Ethiopia and the United Arab Emirates (UAE) during a Jan. 31 press briefing in the capital Pretoria. The five nations accepted the invitation from the BRICS core group extended during a summit last year. She also told members of the media that Russia, which takes over as the group's chair from South Africa, has received written interest from 34 countries ...

OPEC’s crude production DROPS to its lowest level in three years as Saudi Arabia continues to throttle oil production

August 07, 2023 -

Data shows that OPEC's crude oil output plunged by 900,000 barrels a day last month to an average of 27.79 million a day. This is the biggest reduction in oil production since the group and its allies, including those in OPEC+, massively slashed supplies during the height of the Wuhan coronavirus (COVID-19) pandemic lockdowns in 2020.

Saudi Arabia is responsible for much of the cutbacks, as Riyadh delivered on most of its promised extra one million barrels-per-day cut ...

Leaked files show Saudi crown prince threatened “major” economic pain on US amid oil feud

June 15, 2023 -

The classified U.S. intelligence document was leaked on the social messaging platform Discord. It exposed the tension between the two countries, which has traditionally been based on oil for security but is evolving due to China's increasing interest in the U.S. and the Middle East's position as the world's largest oil producer. (Related: Ignoring U.S. concerns, Saudi Arabia reiterates oil partnership priorities with communist China.)

According to the leaked document, Salman ...

U.S. Senate subpoenas Saudi sovereign wealth fund over its American dealings

September 18, 2023 -

The Senate Permanent Subcommittee on Investigations (PSI), which is under the Senate's Homeland Security and Governmental Affairs Committee, announced the move against the Saudi Public Investment Fund (PIF) on Sept. 13. It was spearheaded by Sen. Richard "Dick" Blumenthal (D-CT) during a committee hearing held that day.

The hearing originally targeted the PIF's proposed deal with the PGA Tour golf entity and "related investments throughout the United States." Aside ...

OPEC+ to implement voluntary oil production cuts in 2024, further strangling the global energy supply

December 08, 2023 -

The meeting, originally scheduled to take place in person in Vienna, Austria from Nov. 25 to 26, was delayed due to disputes over the baseline production of the group's largest West African members, namely Nigeria and Angola.

OPEC has set the quota for Nigeria to be cut to 1.5 million barrels per day, far from their proposal of 1.78 million barrels per day. In Angola in Southern Africa, the continent's second-largest producer of crude oil, OPEC has given it a 2024 output ...

Russian petroleum exports SURGE despite increase in domestic demand

July 26, 2023 -

Figures from the Refinitiv Eikon financial analysis platform showed that Russia's seaborne diesel and gasoil exports increased by 11 percent in the first half of July, exceeding the 13 percent increase in June. Amid this development, Moscow is preparing to slash its oil exports by 500,000 barrels per day (bpd) in August to increase the availability of petroleum supply for domestic refining and fuel production.

Turkey and Brazil have stood out as the top destinations of ...

Xi to Zelensky: China will work to mediate PEACE

May 01, 2023 -

According to the Jerusalem Post, Xi made the remarks during an April 2 telephone call with Ukrainian President Volodymyr Zelensky. The call was the first time the two leaders talked since the onset of the Russia-Ukraine war in February last year. The conversation also served to fulfill a longstanding goal of Kyiv to have an audience with China – a close friend of its enemy.

Zelensky named former cabinet minister Pavlo Riabikin as Ukraine's new ambassador to Beijing, signaling ...

De-DOLLARIZATION: In new interview, Robert Kiyosaki advises leveraging debt to gain REAL ASSETS instead of investing in paper currency (that’s headed toward collapse)

October 03, 2023 -

He said that since the dollar was taken off the gold standard in line with President Richard Nixon's series of economic measures undertaken in response to increasing inflation in 1971, the U.S. dollar became debt. "Yet people are so indoctrinated into working for this (dollar), and saving this and investing this for more paper. That makes no sense to me," the author of the no. 1 financial awareness book "Rich Dad, Poor Dad" told hosts Mike Adams and Todd Pitner during his September ...

Yemeni Houthis claim responsibility for attacking Norwegian-flagged oil and chemical tanker with guided missiles

December 15, 2023 -

The U.S. military reported that the guided missile was launched as the Norwegian-owned-and-operated ship, Strinda passed the Bab el-Mandeb Strait in the Red Sea. The said attack led to a fire on board. Fortunately, no casualties were reported at the time. "All crew members are unhurt and safe," said Geir Belsnes, the CEO of Strinda's operator, J. Ludwig Mowinckels Rederi. "The vessel is now proceeding to a safe port."

Houthi spokesman Yahya Saree said that the naval ...

Sen. Lindsey Graham promises to bring Iran’s “worst nightmare” to life, unleashing his inner global TERRORIST tendencies

January 12, 2024 -

He also described establishing ties between Israel and the Arab world to be an "absolutely essential ingredient to a better, more stable Mid-East and a safe and secure Israel and a prosperous Palestinian people." The senator also stated that he was personally "more dedicated now to bringing stability to your country and this region." Graham also said that they would strive for a safe and secure Israel and those who perished, "will not have died in vain."

He added: "We're ...

Humanitarian catastrophe looms as Israel wages mass assault on Rafah; tens of thousands of casualties expected

February 13, 2024 -

The city of formerly around 450,000 people is now home to around 1.3 million people, most of them refugees from northern Gaza, who took shelter there after Israel drove them all south toward Egypt. Israel previously said these Palestinians would be safe in southern Gaza, but now the IDF is readying to attack Rafah.

Israeli Prime Minister Benjamin Netanyahu ordered the Israeli army to prepare to evacuate civilians from Rafah, but to where? Relocating 1.3 million people ...