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Japan Secures Oil Deal with Russia

Japan is an energy-dependent nation that relies on imports to function. Despite being a G7 member, Japan has remained largely silent on the Russia-Ukraine war and is the only member to deny Zelensky’s pleas for weapons. The prime minister was the last in the alliance to visit Ukraine amid the war. The G7 nations set […]

Biden Releasing Millions in Oil Reserves Ahead of Midterms

The Saudis admitted that Biden asked them to hold off on the next OPEC+ vote until after the midterm elections. Now, Joe Biden is planning to release 15 million barrels of reserve oil to lower gas prices ahead of the midterms. The Strategic Petroleum Reserve (SPR) was created in 1975 during a period of stagflation. […]

US Emergency Oil Reserves – Gone?

US Oil Reserves Nearly Depleted

The US Strategic Petroleum Reserve (SPR) has been at its lowest level since, ironically, 1984. The reservoirs are composed of four underground sites constructed from salt domes on the Gulf Coasts of Louisiana and Texas. The White House began extracting oil from the emergency reserves to combat rising gas prices. Politicians simply hope that the […]

Biden Begs Saudi Arabia for Oil

Biden’s trip to Saudi Arabia did not go as planned. Saudi Arabia will temporarily increase oil production in July and August in exchange for a slew of removed restrictions. Civilian aircrafts from Israel will be permitted to fly over Saudi Arabia. Peacekeepers will be removed from Tiran Island, where US soldiers have been stationed since […]

Russian Oil Boycott Fails

The West thought they’d cripple Russia’s economy when they stopped buying Russian oil. Gas prices in the West are on the rise and at unsustainable levels. Meanwhile, Putin is having the last laugh as he is now selling more oil at a higher price point. In April, Russian oil exports rose by 620,000 b/d to […]

New Interview: War, Gold, Oil, China, Dollar, Biden, and Globalists

Click here to watch Martin Armstrong’s latest interview with One Radio Network!

Saudi Arabia Considers Accepting Yuan for Oil

Russia is not the only country turning to the yuan. Beijing is in talks with Saudi Arabia to begin purchasing oil with their own currency opposed to the USD. Saudi Arabia has long had a volatile relationship with the US, and seeing the harsh sanctions imposed on Russia is only making the yuan more appealing. […]

New Interview: Central Banks, Inflation, Dow, Civil Unrest, Oil, Natural Gas, Cryptos, Cash, Experimental Injections, and More

Martin Armstrong – Central Banks, Inflation, Dow, Civil Unrest, Oil, Natural Gas, Cryptos, Cash, Experimental Injections Click here to listen to Martin Armstrong’s latest interview (his segment begins around the 9-minute mark). 

Greenland Bans Oil and Gas Exploration

In July 2021, Greenland ceased issuing licenses for oil and gas exploration. Now, Greenland has announced that the ban will be permanent. The government cited climate change as their main concern, and Greenpeace cheered their decision. The announcement would leave one to believe that Greenland actually had a good amount of oil reserves. Major oil […]