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The zombie Apocalypse will be when the rest of the world stops buying our debt ...
In 2017, the United States imported approximately 10.14 million barrels per day (MMb/d) of petroleum from about 84 countries. Petroleum includes crude oil, hydrocarbon gas liquids, refined petroleum products such as gasoline and diesel fuel, and biofuels including ethanol and biodiesel. Crude oil accounted for about 79% of U.S. gross petroleum imports in 2017 and non-crude oil petroleum accounted for about 21% of gross petroleum imports.
In 2017, the United States exported about 6.38 MMb/d of petroleum to 186 countries, of which about 18% was crude oil and 82% was non-crude oil petroleum. The resulting net imports (imports minus exports) of petroleum were about 3.77 MMb/d.
The top five source countries of U.S. petroleum imports in 2017 were Canada, Saudi Arabia, Mexico, Venezuela, and Iraq.
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Saudi Arabia is considering saying that missing journalist Jamal Khashoggi died in a botched interrogation, according to media reports, an explanation that could deflect suspicions the royal court ordered him killed and give the U.S. and Turkey a way out of confronting a regional powerhouse.
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In November 2017, Saudi Crown Prince Mohammed bin Salman (MBS) ordered the arrest and detention at the Riyadh Ritz Carlton Hotel of over 200 members of the Saudi royal family, including eleven rival princes, as well as government ministers and influential businessmen. That came after an October 2017 meeting in Riyadh between MBS and Donald Trump’s son-in-law, Jared Kushner, conclave that lasted well into the early morning hours. At the meeting, Kushner is said to have turned over to MBS a list of the names of the Crown Prince’s opponents: leading figures of the Saudi royal house, government, and major businesses.The list may have also contained the name "Jamal Ahmad Khashoggi."
The list of Saudi names was, reportedly, compiled by Kushner from top secret special code word documents he had specifically requested from the National Security Agency (NSA) and Central Intelligence Agency. The documents were specifically requested by Kushner, not because he was an expert in communications intercepts, but because he likely had a control officer who told him what files to obtain. The Kushner family have longstanding ties to the Israeli Likud Party, as well as the Mossad intelligence service. The Mossad enjoys a close working relationship with the Saudi General Intelligence Directorate, which is now firmly committed to MBS after a previous purge of its upper ranks following MBS’s rise to the heir apparent position in the House of Saud.
Those on the list handed over to MBS by Kushner were all subjects of NSA and CIA communications intercepts of phone calls, video conferences, and emails. Kushner is said to have had a phone conversation with MBS a day before Khashoggi was murdered.
... Maybe it really was a botched interrogation, ...
Saudi journalist and writer Turki Bin Abdul Aziz Al-Jasser has died after being tortured while in detention, the New Khaleej reported yesterday.
Reporting human rights sources, the news site said that Al-Jasser was arrested and tortured to death after Saudi authorities claimed he administered the Twitter account Kashkool, which disclosed rights violations committed by the Saudi authorities and royal family.
The sources said that the authorities identified Al-Jasser as the admin using spies in Twitter’s regional office located in Dubai. He was arrested in March.
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Canadian intelligence has heard an audio recording of the killing of the Saudi journalist Jamal Khashoggi, Prime Minister Justin Trudeau has confirmed.
"Canada has been fully briefed up on what Turkey had to share," he said.
Mr Trudeau is the first Western leader to confirm his country has listened to the purported tape of the murder at the Saudi consulate in Istanbul.
Turkey's president said on Saturday that he had given copies to the US, UK, Germany, France and Saudi Arabia.
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U.S. national security adviser John Bolton said Tuesday that an audio recording of journalist Jamal Khashoggi's death inside an Istanbul consulate did not appear to provide any link between the killers and Saudi Crown Prince Mohammed bin Salman.
Bolton, speaking on the sidelines of a regional summit in Singapore, said that while he had not listened to the tape himself, "those who have listened to it" concluded that Saudi Arabia's de facto ruler is not implicated.
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Saudi Crown Prince Mohammed bin Salman ordered the killing of dissident journalist Jamal Khashoggi, a bipartisan group of senior US senators have alleged after the CIA director gave them a classified briefing on the grisly murder inside the Gulf kingdom's diplomatic mission shocked the world.
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The clear and unusually biting assessment put Republican senators at odds with the White House, which has steadfastly refused to cast blame on Saudi Arabia's leadership for the grisly death of Khashoggi, a Washington Post columnist, the New York Times reported.
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Yet lawmakers remained divided over what steps to take next, after a stinging vote last week to consider a measure cutting off American military aid to Saudi Arabia's bombing campaign, the Times said.
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Indeed, after Haspel's briefing, the groundswell of certainty and disgust will likely complicate the Trump administration's efforts to protect the prince and its relationship with Saudi Arabia, even as lawmakers have yet to coalesce around a legislative response, CNN reported.
Among the options: pull back from US involvement in the Saudi-led war in Yemen; deny any arms sales with Saudi Arabia; slap the crown prince with sanctions, along with a resolution saying the Senate finds him complicit in murder, it said.
How the legislative push gets resolved is uncertain, but the floor fight could begin as soon as Monday -- and put the Trump administration on the defensive, the network commented.
A court in Saudi Arabia has sentenced five people to death and jailed three others over the murder of the journalist Jamal Khashoggi last year.
Khashoggi, a prominent critic of the Saudi government, was killed inside the kingdom's consulate in the Turkish city of Istanbul by a team of Saudi agents.
The Saudi authorities said it was the result of a "rogue operation" and put 11 unnamed individuals on trial.
A UN expert said the trial represented "the antithesis of justice".
"Bottom line: the hit-men are guilty, sentenced to death. The masterminds not only walk free. They have barely been touched by the investigation and the trial," Special Rapporteur Agnes Callamard wrote on Twitter.
A report released by Ms Callamard concluded in June that Khashoggi's death was an "extrajudicial execution" for which the Saudi state was responsible, and that there was credible evidence warranting further investigation that high-level officials, including Crown Prince Mohammed bin Salman, were individually liable.
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In a fresh episode of Saudi palace intrigue, Crown Prince Mohammed bin Salman has detained three members of the royal family, including a brother of the king and a former crown prince who had been potential obstacles to his power.
The detentions were the latest demonstration of the crown prince’s willingness to take extraordinary measures to quash any perceived rival.
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The detentions come at a time when fears about the impact of the coronavirus have slashed the price of oil, the main source of the kingdom’s revenue, and the crown prince’s celebrated plans to diversify the Saudi economy have fallen behind his promises.
The detentions were not announced by the Saudi government, and it remains unclear what prompted them. An official at the Saudi embassy in Washington declined to comment.
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The crown prince, who acts as the kingdom’s de facto ruler on behalf of his ageing father, King Salman, has recently faced grumbling within the kingdom and the broader Muslim world over his unilateral decision to halt visits to Mecca in response to the coronavirus — a move with few, if any, precedents in Islamic history. Conservatives griped that even as he halted pilgrimages, modern entertainment venues the crown prince brought into the kingdom, like movie theatres, remained open.
One possible motive for the detentions may have to do with the ageing of Prince Mohammed’s father, King Salman, 84. The crown prince could be seeking to lock down potential challengers to his own succession before his father dies or abdicates the throne.
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Saudi Arabia plans to boost oil output next month to well above 10 million barrels a day, as the kingdom responds aggressively to the collapse of its OPEC+ alliance with Russia.
The world’s largest oil exporter engaged in an all-out price war on Saturday by slashing pricing for its crude by the most in more than 30 years. State energy giant Saudi Aramco is offering unprecedented discounts in Asia, Europe and the U.S. to entice refiners to use Saudi crude.
At the same time, Saudi Arabia has privately told some market participants it could raise production much higher if needed, even going to a record 12 million barrels a day, according to people familiar with the conversations, who asked not to be named to protect commercial relations. With demand ravaged by the coronavirus outbreak, opening the taps would throw the oil market into chaos.
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Aramco’s unprecedented pricing move came just hours after the talks between the Organization of Petroleum Exporting Countries and its allies ended in dramatic failure. The breakup of the alliance effectively ends the cooperation between Saudi Arabia and Russia that has underpinned oil prices since 2016. Production limits agreed to by OPEC and its erstwhile partners expire at the end of the month, opening the way for producers to ramp up output.
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The shock-and-awe Saudi strategy could be an attempt to impose maximum pain in the quickest possible way to Russia and other producers, in an effort to bring them back to the negotiating table, and then quickly reverse the production surge and start cutting output if a deal is achieved. In a sign that both sides remain in talks, the OPEC+ Joint Technical Committee, a body of senior oil officials who advise ministers, plans to meet on March 18 to review the global oil market, according to delegates. Saudi and Russian officials are part of the JTC.
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The production increase and deep discounts mark a dramatic escalation by Prince Abdulaziz bin Salman, the Saudi oil minister, after his Russian counterpart Alexander Novak rejected an ultimatum on Friday in Vienna at the OPEC+ meeting to join in a collective production cut. After the talks collapsed, Novak said countries were free to pump-at-will from the end of March.
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Saudi Arabia on Sunday announced the detention of hundreds of government officials, including military and security officers, on charges involving bribery and exploiting public office, and said investigators would bring charges against them.
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An anti-corruption body known as Nazaha tweeted on Sunday that it had arrested and would indict 298 people on crimes such as bribery, embezzlement, and abuse of power involving a total of 379 million riyals ($101 million).
Among those implicated are eight defense ministry officers suspected of bribery and money laundering in relation to government contracts during the years 2005-2015, and 29 interior ministry officials in the Eastern Province, including three colonels, a major general and a brigadier general.
Two judges were also detained for receiving bribes, along with nine officials accused of corruption at Riyadh’s AlMaarefa University which resulted in severe damage to a building and caused deaths and injuries, Nazaha said.
The agency provided no names and few other details about the cases.
Russian President Vladimir Putin will refuse to submit to what the Kremlin sees as oil blackmail from Saudi Arabia, signaling the price war that’s roiling global energy markets will continue.
The unprecedented clash between the two giant exporters -- and former OPEC+ allies -- threatens to push the price of a barrel below $20, but Moscow won’t be the first to blink and seek a truce, said people familiar with the government’s position.
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The Biden administration has told a US court that Mohammed bin Salman should be granted sovereign immunity in a civil case involving the murder of journalist Jamal Khashoggi, effectively ending a last ditch attempt to hold the Saudi crown prince legally accountable for the 2018 killing.
In a filing released on late on Thursday night, the Biden administration said the crown prince’s recent promotion to the role of prime minister meant that he was “the sitting head of government and, accordingly, immune” from the lawsuit.
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The Biden administration’s decision – which in effect will extinguish Cengiz’s last hope for justice – will likely be met with intense criticism by Democratic lawmakers on Capitol Hill, who have pressed the administration to take a tougher stance against its Middle East partner. One lawyer close to the matter said the decision was “disastrous for accountability, for human rights, for impunity”.
The legal decision also makes clear that US president Joe Biden has fully abandoned a campaign promise to hold Prince Mohammed accountable for Khashoggi’s murder.
It raises questions about Biden’s public remarks last month, in which he said Saudi Arabia would face “consequences” for leading an Opec+ decision to cut oil production, a move that was seen by the US administration as siding with Russia over the interests of American allies.
People familiar with the matter said the decision was reached after a “big debate” at the top levels of the White House, with some senior US officials arguing that it would be difficult to defend the Biden administration’s claim that human rights are at the centre of its foreign policy while simultaneously allowing “MBS”, as the crown prince is known, to skirt accountability for his alleged role in the murder.
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The question over whether the prince was indeed a sovereign got more complicated in September when King Salman declared that Prince Mohammed would be elevated to the position of prime minister. The decision, which was made public just days before the US government was due to weigh in on the Cengiz case, was seen by human rights defenders as a ploy to avoid accountability for the Khashoggi killing.
If the civil case is allowed to proceed – which is unlikely – it would allow Cengiz and Dawn to seek a deposition of the crown prince. If Prince Mohammed lost the case, he could be liable for damages.
“It would mean that any time he comes to the US – if he were to be found guilty – they would be able to serve notice and issue a fine. It would be humiliating and would effectively mean he could not travel to the US again,” said Bruce Riedel, a former CIA analyst and fellow at Brookings.
It is unlikely any of this will now come to pass.
“The pariah is now above the law,” Riedel said.
If our "leaders" since at least the end of WW2 had run our nation correctly, there never would have been a need to create the petrodollar deal with SA to begin with.The petrodollar says the USA must be KSA's bitch.
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