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ps. I'm glad the AM is no longer in Dubai being spannered with all this unrest going on!
Vino time
Agree Beerbull. There is a history of infighting until the West decides to play at being World policemen, then they temporarily bury their differences and collectively round on them instead! Of course things were so much better when Blair appointed himself to keep the peace there.....
Hmmm perhaps we shouldnt have been silently complicit in Saudis attacks on Yemen the past years and supplied the knowledge, hatdware etc to bomb Yemen half way back to the stone age. It's almost like you guys only get half the story in the news
Beerbull. Bit like europe then?
Johnpwh, the animosities in the ME go back centuries & every slight is remembered & handed with enhancements to the next generation. The only way this could be reconciled would be by nuking the whole continent & then starting with a clean sheet. Trouble & strife is part of the DNA, the situation is irreconcilable.
It's a worrying precedent but in the context of this ongoing conflict escalation was the only probable outcome sadly.
Conflicting indeed on a personal level, as missed the opportunity to top slice last week and may be glad I did!
Its a difficult moral situation for those on this board. Many here are fully, if not indeed overinvested, in the oil sector, so the prospect of inflated oil prices can only come as welcome. Yet our humanist nature has concerns about another major escalating conflict, even if that conflict is reassuringly in a far off territory. Its up to all of us to reconcile this.
From CNBC 51 min ago:
Saudi Arabia is shutting down half of its oil production after drones attacked the world’s largest oil processing facility in the kingdom, The Wall Street Journal reported. The closure will impact almost five million barrels of crude production a day, about 5% of the world’s daily oil production, the WSJ reported, citing sources familiar with the matter.
Early Saturday, an oilfield operated by Saudi Aramco, the state-owned oil giant, was attacked by a number of drones, which sparked a huge fire at a processor crucial to global energy supplies. Yemen’s Houthi rebels have claimed responsibility for the attack, saying it was one of their largest attacks ever inside the kingdom, the WSJ reported. “We promise the Saudi regime that our future operations will expand and be more painful as long as its aggression and siege continue,” a Houthi spokesman said. The attack involved 10 drones, the Houthis said.
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I very much doubt that Yemen has the capability and infrastructure, to manufacture, arm, provide the drones guidance system and software, as well as pilot and then finally navigate and launch missiles from 10 separate drones (Remember, each drone is an individual entity which requires it own navigator and pilot) in to Saudi and launch an apparently successful attack on the oil installation.
Very concerning times for the Gulf region given the current political situation.
Frits