Archives Kingdom of Saudi Arabia - Page 3 of 3 - New Eastern Outlook

There is no doubt that today’s world is very different from what it was less than a decade ago, with the military conflict in Ukraine turning out to be a shock that has not only triggered changes in global geopolitics but also in geoeconomics most evident in the form of the way the global oil market is working and how the dynamics of this market have caused old geopolitical alignments to shift. The shift is also an opportunity for many smaller powers to change their tactics and use the scenario for maximum geopolitical gains, including enhancing their global profile from being junior players to becoming major players. One country that seems to perfectly fit…

How straightforward is simple math? If the public relied more on adding things up, the manufactured consent perpetrated by the elites in the West would be impossible. Take the recent Russian gold movements as a perfect example. Various propaganda channels reported last year that the European Union and G7 wanted to ban Russia’s gold shipments to curtail the Russian economy. However, the math needed to be corrected. The real reason Western oligarchs and bankers want to limit the precious metal leaving Russia has much more significant implications. Look at the thousand gold shipments since the conflict…

The US system of checks and balances began to disintegrate after the military situation in Ukraine erupted in February 2022. This is particularly noticeable in the energy sector. Therefore, while one-off agreements involving Qatar have partially replaced Russia’s portion of the LNG needed by Europe, the situation with Saudi Arabia remains unclear. During his visit to Saudi Arabia in the summer of 2022, US President Joe Biden was unable to persuade the Saudis to boost oil production within the framework of OPEC+, resulting in the extension of the Russian-Saudi quotas until May 2023. Simultaneously, in March…