The already strained relationship between NATO’s two main armed forces contributors, USA and Turkey, is looking for a High Noon scenario the next weeks. US senators have introduced a bipartisan bill to prohibit the transfer of F-35 fighter aircraft to Turkey.
Published Verocy Articles on external media
Bahrain could become a major oil player in the region in the next three years, according to a Verocy expert.
Saudi Arabia’s holdings in United States government debt securities dropped by $9 billion in January from a month earlier, official data showed.
OPEC countries have decided to postpone a decision regarding the future of a deal with several non-OPEC states to reduce oil output, and thereby supply, on the market until June 2019. The cuts in production are expected to be prolonged or partially lifted this summer.
During the next few months the oil market could be hit—again—by some decisive changes, as the bromance between OPEC and Russia seems to be cooling down. Russia’s mainstream oil producers Rosneft, Gazprom and Lukoil increased pressure on Russia’s president Vladimir Putin to slow down preparations for the expected marriage with OPEC.