The major geopolitical event facilitating the free flow of Mideast crude oil, in light of increasing global demand, is the once incredible cooperation developing between Israel, Saudi Arabia, the United Arab Emirates, and Egypt.
While sanctioned Iran’s oil, with one of the world’s most extensive reserves, has directed most of its external oil shipments to China, India and other nations not abiding by the U.N. sanctions, and most of Mideastern oil production undergoing substantial internal turbulence, precluding normal production, Saudi Arabia is under excruciating pressure to produce to full limit.
However, its hostile relationship with Iran has increasingly endangered its future stability, which has caused it to unofficially “recognize” Israel and its military power. Egypt, led by the new Mideast strongman, Field Marshall el-Sisi, which has crushed the nefarious Moslem Brotherhood, has also joined with Israel to pacify the lawless Sinai peninsula. Also, Egypt is quietly enhancing its economic relations with the Jewish state, especially in the areas of oil production in the Sinai, as well as onshore and offshore natural gas, while Israel is sharing its advanced desalination technology with Cairo, and likely the Saudis in the future.
While martial circumstances are uniting these strange bedfellows, this tri-partite relationship will likely generate positive economic consequences— while replacing America’s failed policies in this region. With Egypt, and its 80 million strong population serving as a “demand” cornerstone, Israel adding technological development, and the Saudis contributing record oil production capability, this comprises a solid offset against Iran and its Lebanese Hezbollah and Gaza’s Hamas satellites.
It is supremely ironic that such a dramatic new alliance would be the positive upshot of an Arab regional animosity, which seemed to view the ultimate destruction of “Zionism” as its ultimate goal.
Source: Mydesert
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