Drone strikes caused fires at two facilities of Saudi Arabia’s state oil company, marking the latest in a series of attacks on the country’s petroleum assets in recent months.
Gregg CarlstromWild. The overnight drone attack on Saudi oil facilities, for which the Houthis claimed responsibility, has reportedly forced the kingdom to halt "about half its oil output," pulling 5m barrels a day out of global supply.
Gregg CarlstromInteresting piece on how geopolitics may not be the biggest problem for Middle East oil producers. Gulf states are busy snapping up downstream assets and expanding into petrochemicals. Iraq and Iran can't afford to—and risk being left behind.
The newly-appointed head of the National Anti-Corruption Commission in Saudi Arabia, Mazen
Gregg Carlstrom"I convey a stern warning from the crown prince that the next phase will be to eradicate corrupt mid-level and junior civil servants." Conveniently, there's a Courtyard by Marriott just across the street from the Ritz in Riyadh.
A Sudanese judge on Saturday formally indicted Omar al-Bashir for possessing ill...
Gregg CarlstromOmar al-Bashir being charged with "possessing illicit foreign currency" (in the form of a $25m payment from the Saudi crown prince) reminds me of Al Capone getting nailed for tax evasion instead of all the murders
The government in sanctions-hit Iran on Wednesday approved a plan to remove zeros from the rial and rename the currency -- something its people have long been doing to simplify transactions. "The cabinet today agreed on a bill to eliminate four...
Gregg CarlstromIran's government has approved a plan to lop four zeros off the rial, which is now trading at around 120,000 on the dollar, and to rename its ailing currency.
STEVEN EDGINTON: Today I want to set the record straight and reveal the real story about how Sir Kim's diplomatic cables entered the public domain.
Gregg CarlstromHow you know this is a load of horseshit: No one in the history of journalism (unless you work for my employer) has ever said, "We developed the story together... given the possible controversy, we decided to leave my name out of it."
"It's a problem. There's no question about it," says a senior administration official.
Gregg CarlstromErdogan always seemed to gamble that a chaotic administration wouldn't know how to respond to the S-400 delivery. Sure enough, the Pentagon announced a press briefing on the matter yesterday, stalled for hours, and then "delayed it indefinitely."
Gregg CarlstromAt an event in the West Bank, Netanyahu promises not to evacuate any settlements and hints at annexation to come: "Look at what we did in the Golan Heights and East Jerusalem. To be continued."
Turkey’s support for Libya’s internationally-backed government aims to salvage billions of dollars of business contracts thrown into limbo by the conflict and secure more leverage in the scramble for oil and gas in the Mediterranean, according to...
Gregg CarlstromIn the battle for Tripoli, Turkey has a lot of money at stake: It hopes to eventually resume $18bn worth of construction projects in the Libyan capital, and gain leverage in Mediterranean gas exploration as well.
The powerful American missiles had fallen into the hands of rebels fighting a U.S.-backed government. The U.S. appears to have sold the missiles to the U.A.E.
Gregg CarlstromIn utterly unsurprising news, powerful American anti-tank missiles sold to the UAE wound up in Haftar's arsenal in Libya, violating both the sale agreement with the US and a UN arms embargo.
BAGHDAD (AP) — Protesters stormed the Bahraini embassy compound in Baghdad Thursday night, removing the flag from above the building and replacing it with a Palestinian banner in protest against a...
Gregg CarlstromA few hundred protesters stormed the Bahraini embassy in Baghdad last night and raised a Palestinian flag over the mission. No one was hurt, and Iraqi security forces retook control of the building.
Gregg Carlstrom"Our message in recent weeks to the US and its regional allies was clear: our finger is on the button. If you hit three targets in Iran, we will respond by hitting three targets in Dubai."
President Donald Trump will have breakfast with Saudi Arabia’s Crown Prince Mohammad Bin Salman before a high-stakes meeting with Chinese President Xi Jinping on Saturday, White House spokesman Hogan Gidley said.
Gregg CarlstromSaturday should be a fun one at the G20: Trump will have breakfast with MbS, followed by meetings with Xi and Erdogan. The deepening crisis with Iran will be a major focus at the summit.
“When people criticize, the question I would ask them is what is your idea, what ideas are you putting forward,” he told reporters.
Gregg CarlstromKushner says the authors of his economic plan "were not aware of what is in the political plan." Seems like it might have been useful, while plotting the future economy of Palestine, to know if Palestine would even be a sovereign state?
He struck a different tone than other Republicans.
Gregg CarlstromIn an interview, Trump called the recent tanker attacks attributed to Iran "very minor," and said that while he would "certainly go [to war] over nuclear weapons," he's less excited about international shipping.
Gregg CarlstromWelcome to Trump Heights, the Israeli town that doesn't exist: There's no more fitting tribute to Trump than a giant gold sign announcing a real-estate project that lacks funding or legal approvals.