Saudi Arabia, Israel negotiating Temple Mount control – report

While Jordan had strongly objected to any change in the makeup of the Waqf, in recent months their stance changed after Turkey became involved in east Jerusalem and the Temple Mount. Palestinians pray on the first Friday of the holy … Read More

Muslims cope with unprecedented restrictions as Ramadan begins

posted in: Middle East, News

Saudi Arabia’s King Salman ‘pained’ that the holy month comes amid strict precautionary measures. The Sheikh Zayed Grand Mosque on a beautiful sunny day on the first day of Ramadan. Victor Besa / The National The coronavirus pandemic has left … Read More

Saudi Arabia gets physical with Russia in underground oil bout

posted in: Middle East, News

MOSCOW (Reuters) – Behind a Saudi-Russian truce to stabilize oil markets with a record output cut, market players are seeing the two production heavyweights still trading blows in the physical market. It is here, rather than in the world of … Read More

Coronavirus: Saudi Arabia warns it may reach up to 200,000 infections

posted in: Middle East, News

In a rare televised address, the health minister said some people were not taking the danger of infection seriously. The coronavirus could eventually infect between 10,000 and 200,000 people in Saudi Arabia, the kingdom’s health minister has said, urging the public to … Read More

Saudi-Russia oil price war: Will it script the end of Opec?

Saad Abdulla al-Kuwari As is customary, Opec is supposed to reach its 60th year this year, and perhaps it will not celebrate this event as expected, this year. The reason is Saudi Arabia’s decision to reduce and discount the price … Read More

Russia: Gulf nations, not us, to blame for oil prices fall -TASS

posted in: News, Russia

MOSCOW (Reuters) – Russia never sought a sharp oil price fall or an end to cooperation with the Organization of Petroleum Exporting Countries (OPEC), and the Gulf nations are to blame for the crisis on the global oil markets, a … Read More

Weekly Update by Mark Armstrong – 20 March 2020

posted in: News, Weekly Update

Greetings from Tyler, Did you hear about the elderly man in Italy who was in isolation with his wife for fourteen days?  He died.  She strangled him.  (That’s a joke, maybe a bad one.) Or is laughing outlawed too?  Never … Read More

Oil crashes by most since 1991 as Saudi Arabia launches price war

New York (CNN Business) Oil prices suffered a historic collapse overnight after Saudi Arabia shocked the market by launching a price war against onetime ally Russia. US oil prices crashed as much as 34% to a four-year low of $27.34 a barrel as … Read More

Weekly Update by Mark Armstrong – 27 December 2019

posted in: News, Weekly Update

Greetings from Tyler, There is troubling news about Iran.  The Russians and Chinese are reportedly cooperating with Iran in maneuvers at sea.  All three nations are reportedly conducting drills in the Indian Ocean.  It seems foolish to repeat Iranian government … Read More

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