SAUDI ARAMCO PROFITS CRASH 73% AS CORONAVIRUS SINKS OIL MARKET

Stramed, The world’s biggest oil exporter, Saudi Aramco, has reported massive losses for the second quarter, with its net profit nosediving 73.4 percent, as the Covid-19 outbreak crippled global demand…

WILL TRUMP GO TO WAR WITH IRAN TO SAVE AMERICA’S OIL INDUSTRY?

Photo: Donald Trump, source: Manuel Balce Ceneta/AP Photo Stramed, It’s believed that a US-Iran war would disrupt the flow of Middle Eastern oil and, as such, should be avoided at…

U.S. TIES IRANIAN OIL TO TERRORISM

Photo: Iranian oil, source: VOA News Stramed,  The Trump administration is using all available tools to try to prevent Iran from exporting oil. The administration is leveraging terrorism-related laws and…