Tag Archives: Price of oil

Crashing Saudi Oil Economy Explains Urgent Yemeni Peace Offer, by Finian Cunningham

The House of Saud is discovering a lesson scores of governments have run up against in the past: war, even against smaller and weaker opponents, can be a costly affair. From Finian Cunningham at strategic-culture.org:

The Saudi rulers are facing a humiliating defeat as the Yemenis take revenge and Uncle Sam washes his hands of blood.

After six years of blowing up Yemen and blockading its southern neighbor, the Saudi rulers are now saying they are committed to finding peace. The move is less about genuine peace than economic survival for the oil kingdom.

The Saudi monarchy say they want “all guns to fall completely silent”. Washington, which has been a crucial enabler of the Saudi war on Yemen, has backed the latest “peace offer”. Secretary of State Antony Blinken this week endorsed the initiative from the Saudi rulers, saying he had spoken with them “on our work together to end the conflict in Yemen, facilitate humanitarian access and aid for the Yemeni people”.

The Saudi foreign ministry stated: “The initiative aims to end the human suffering of the brotherly Yemeni people, and affirms the kingdom’s support for efforts to reach a comprehensive political resolution.”

Can you believe this sickening duplicity from the Saudis and the Americans?

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