During the recent shake up in Saudi Arabia, with planes conveniently crashing on Yemeni borders, the consolidation of power, and Lebanon’s prime minister Saad al-Hariri kidnapped and forced to resign, one can be forgiven for burying their head in the sands of Abu Dhabi. Saudi policy, both domestic and foreign is complicated, but amid this Middle Eastern chaos, the Mainstream Media insists on ignoring the situation.
The Billion Dollar Trump Deal
It wasn’t so long ago that Trump negotiated a billion dollar military deal with Saudi Arabia. The $110 billion dollar arms deal, brokered in mid-May 2017, with the help of Trump’s son-in-law Jared Kushner, has remained under-reported. The deal at the time left many scratching their heads. Why would the United States funnel so much money into a nation with one of the more atrocious human rights records?
The deal included a shopping list of precision-guided bombs, ships and planes, sophisticated radar systems to shoot down ballistic missiles, and one very big contract for Lockheed Martin.
For the next ten years, it earmarked this money to renew a commitment to the Persian Gulf’s security. But let’s not get fired up over Republican issues. Former Democrat President Barack Obama approved a $115 billion dollar deal to the region, making both parties equally guilty in funding human rights atrocities.
The Deputy Crown Prince at the time, Mohammed bin Salman was present when the deal was brokered. The same prince who has just consolidated his power in the region.
As far as US domestic policy is concerned, Trump and Kushner also negotiated a $40 billion dollar deal for Saudi Arabia to invest heavily in US infrastructure. The main reason? To help make America great again.
The Petrodollar and OPEC
By following the dollar, oil, and the bouncing ball, you can see why over the last few years, the petrodollar has experienced instability. Saudi Arabia is running out of oil and is looking to other economic projects to supplement their growth; some with China and others with the US.
The Petrodollar deal was an ingenious design created by the Nixon Administration in the early 1970s. It was a way to safeguard oil-rich nations and the United States’ interests soon after several countries asked for their gold to be returned. The US lacked the funds to back the dollar with gold, and Nixon had to act quickly.
Nixon’s Secretary of State, Henry Kissinger, quite proudly negotiated the terms that would lead to the floating of world currencies. An “oil for dollars” system was struck with Saudi Arabia and a new world economy was born: The Petrodollar System.
The US in return for this new system promised military protection for Saudi borders. By 1975, OPEC arrived and multiple nations agreed on an “oil for dollars” deal. As time went on, Iran, North Korea and Syria, amongst other nations (Russia and China), began to question the validity of the deal, and the US coined the term “axis of evil” for the first time in history.
Oh, and OPEC is now a crumbling system of the past.
If the Strait of Hormuz Closes…
Enter Iran, multiple sanctions, and a looming war with Saudi Arabia to be fought by proxy in Lebanon.
Iran, under increasing pressure from the US-backed Saudi regime, has threatened to close the Strait of Hormuz, the narrow passage connecting the Arabian Sea to the Persian Gulf. For those uninitiated, the 54 km wide Strait, if closed, will bring the world’s oil imports to a grinding halt – or at least 60 percent of them.
“We have the power to halt oil supply,” a senior Iranian official once said, “down to the last drop.”
And this is why the United States and Saudi Arabia are inclined to topple Iran. The stakes are unbelievably high.
Iran is Last on The Pentagon Hit List
First it was Iraq. Then Libya. Then Syria. North Korea. (Even Venezuela made the cut). And Iran.
This is the worst hidden secret in US history, after General Wesley Clark spoke about toppling seven nations in five years – and the Pentagon’s intentions to do so. (Venezuela not included). The countries named in the 2011 interview included Iraq (tick), Syria (Russia stopped it), Lebanon (current), Libya (tick), Somalia (tick), Sudan (tick) and finishing with Iran (next). All in the name of oil. If this doesn’t make you think, go back to the top of the list and work your way down again.
The government-backed Mainstream Media are largely ignoring these facts, hoping to keep the average news goer ignorant. But it cannot be forgotten. The billion dollar US-Saudi military deal has all but been explained; the Saudi consolidation of power runs deeper than media reports lead us to believe.
This isn’t a straightforward power grab; it’s all about the last oil reserves, gold, and a flailing dollar.
© 2017 copyright reserved, Aral Bereux, D. News.