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By James M Dorsey America is in decline. Eclipsed by China’s rise, it is shifting attention from the Middle East to the Indo-Pacific. That is one refrain in the analysis of three seemingly paradigm-challenging developments in the past month: a Chinese-mediated restoration of diplomatic relations between Saudi Arabia and Iran, the kingdom’s association with the […]

The post The Fallacy Of US Policy To Effect A Withdrawal From Middle East first appeared on IPA Newspack.

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By Anjan Roy So much for the much vaunted solidarity in the free world. The liberal and democratic nations of western Europe and America had vowed they were all standing firmly behind the besieged Ukraine to defend the free world against alleged Russian autocracy. The wide-ranging sanctions against Russia are starting to bite the western […]

The post French President Macron’s Visit To China Divides Western Nations On Ukraine Issue first appeared on IPA Newspack.

Matein Khalid I must thank Saudi Arabia’s prince Abdulaziz for the very welcome 7% (pre-market) rise in APA Corp (APA), Marathon Oil (MRO) and Schlumberger (SLB). My three large cap stooges in the universe of black gold. The Saudi Oil Minister had sent numerous smoke signals that speculators were shorting paper oil, whose volumes are often 15 to 20 times the 100 million barrels a day consumed […]

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