Epstein Secrets

ration. The AP (1/5, Batrawy, DeBre, Nabil) reports that on Tuesday, "Gulf Arab leaders signed a declaration...to ease a rift with Qatar, following Saudi Arabia's decision to end a 3 1/2-year embargo of the tiny energy-rich country that deeply divided regional U.S. security allies and frayed social ties acros

administration takes office." Bloomberg (1/5, Motevalli, 3.57M) reports that South Korea "ordered its naval destroyer ROKS Choi Young to waters near the Strait of Hormuz on Tuesday." Treasury Sanctions Chinese Firm Tied Iran's Steel Industry. Reuters (1/5) reports that on Tuesday, the US "blacklisted a Chinese compa

s. Deaths of rulers can change dynamics overnight virtually anywhere in the region, and Israel's defense policy remains an ever-present black swan. Saudi Arabia's own rumored pursuit of new nuclear-style ballistic missiles from China adds an additional layer of uncertainty about a nuclear arms race in the reg

her with Kuwait and the United Arab Emirates, has stockpiled oil in ships off the coast of Al- Fujairah, outside the critical shipping chokepoint of the Strait of Hormuz, and added emergency crude oil stocks in China, Japan, South Korea, and Rotterdam. This coordination helped keep oil prices from spiking when West

Brent 6-month target: USD 140-180/bbl e Iranian oil exports gets subject to a complete embargo, or military interventions affect crude oil supply via the Strait of Hormuz. Alternative OPEC supply routs would not be in a position to compensate for such a supply shortfall. In order to curb demand, prices would need to sp

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