Via TheAntiMedia.org,
The US State Department under Donald Trump announced last week that they will green-light the sale of weapons to Saudi Arabia that were previously frozen in the final months of the Obama administration.
Saudi Deputy Crown Prince, Mohammed bin Salman, responsible for the kingdom's reforms, left on Monday for Washington to meet President Donald Trump on a visit expected to pitch the world's top oil exporter as an attractive investment destination. It will be the first meeting since Trump took office in January between the U.S. President and the prince who is next in line to lead Saudi Arabia, and is in charge of the kingdom's efforts to revive state finances by diversifying away from falling crude oil revenues, of which the upcoming Aramco IPO will be a critical component.
Something unprecedented happened last November when OPEC sat down in Vienna to hammer out the final terms of its oil production cut deal (which, incidentally, has yet to translate into a drop of all time high inventories): one day before the summit, the oil producing cartel - or rather Saudi Arabia - secretly invited hedge funds to sit in on the negotiations and provide OPEC, with input on what to do.
Saudi Arabia and the United States are carrying out a “genocide” while the world turns a blind eye, unaware that Yemen is being invaded for its vast oil reserves. Observers have been puzzled why oil-rich Saudi Arabia, backed by their allies the United States, have set their sights on impoverished Yemen – however all is not as it seems in the region. Saudi Arabian oil is drying up, and scientific research by international drilling companies show that Yemen’s unexploited oil reserves are greater than the combined reserves of all the oil-rich Gulf states.
To those cynics who accuse the self-monitoring OPEC, and its various adjunct agencies, of lying that it has implemented last year's agreed upon production cuts, China just released January crude import data, which validates this skepticism.