War

"It’s a joke. We couldn't wish [for] more than that. If they can do it, then let them do it — but talking militarily, this is not easy for a country already facing defeat in another war, in Yemen, where after almost one year they have failed in achieving any real victory.”

That’s what one source in the Iranian military had to say about reports that Saudi Arabia is preparing to send ground troops into Syria.

Russian Prime Minister Dmitry Medvedev has issued a stark warning on Thursday saying that if Arab forces enter Syria they will spark a “new world war”, urging them to attend ceasefire talks instead. “The Americans and our Arab partners must think well: do they want a permanent war?” he told Germany’s Handelsblatt newspaper.

Earlier today we reported that Saudi Arabia has made a “final” decision to invade Syria.

Of course they won’t use the term “invade.” They’ll say the same thing the US says, which is that they need to send in a limited number of ground troops to help fight ISIS.

The timing of the announcement quite clearly suggests that the Saudis are going to try and shore up the rebels who are facing imminent defeat at Aleppo where Hezbollah, backed by Russian airstrikes, is about to overrun the opposition.

As you might have heard, the opposition in Syria is in serious trouble.

Last summer, Bashar al-Assad’s army was on the ropes, as the SAA fought a multi-front war against a dizzying array of rebel forces including ISIS. Then Quds commander Qassem Soleimani went to Russia. After that, everything changed.

In a replay of yesterday's idiotic opening action, WTI crude spiked on Saudi troops headlines - running stops to yesterday's close - only to dump back below $27 once again...