The rather repulsive sight
of US puppet-in-chief Obama grovelling before Saudi royals last week, while US media sounds off on the shocking (not) 'revelation' that the House of Saud was instrumental in carrying out 9/11, point to interesting developments in the Western oil war against Russia. Pepe Escobar has proposed
that US intervention was the reason for the recent last-minute failure by the world's leading oil producers to cut oil production, a deal that would have led to a rise in oil prices and given the Russians more room to maneuver by decreasing pressure on their state budget.
This came at a time when increased oil prices would benefit both Russia and Saudi Arabia - the Saudis are now more dependent on oil revenue than at any time in the past 40 years
. But the Saudis, apparently with Washington's gun to their heads in the form of a threat to expose the Saudi role in 9/11, announced that the oil war was back on by announcing that they would instead flood the market.
Bearing in mind that the House of Saud is, essentially, the West's original Islamic State
, their reneging on the oil cut deal is unsurprising. The very purpose of the Royal Head-chopping Kingdom has been to police the region and be a 'proxy force' that the West can use to do its dirty work. They've fulfilled that role brilliantly for decades, arming and inspiring thousands of terrorists, while turning the wealth of the Middle East into monopoly money for the West.
After the deal fell through, the Russian energy minister Alexander Novak essentially said 'We're sick of the games - bring it on'
, calling the Saudis' bluff by declaring that if they followed through
on their threat to pump even more oil onto the markets, thus driving prices down further, and stating that Russia would respond by vastly increasing its own production.