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Exclusive: Yemen rebel missiles fired at Saudi Arabia appear Iranian - U.N.

There was no shale Oil than as much as it is know, the technologies are quite new.. there wee wars in the 70s and 80s, 60s and up till recently.. just think of Iraqi Oil and the sanctions on Iran.. but know stability of prices is seeked..not assured though..fluctuations will still be there but under control as much as possible.. that is in normal situations in a stable world..


Simple math:
Crude price rises to 100 USD today.
US gains.

So does OPEC and Russia.
But you say no.
Thats where you statement is fatally flawed from the beginning:

BTW increasing Oil prices will benefit only the US, not the OPEC or Russia

You are defying the simple arithmetic coupled with a little business sense.
 
Simple math:
Crude price rises to 100 USD today.
US gains.

So does OPEC and Russia.
But you say no.
Thats where you statement is fatally flawed from the beginning:



You are defying the simple arithmetic coupled with a little business sense.
I didn't say no, I said it is temporary profit.. you have to deal with your reading, interpreting or comprehension skills..
Anyway this is off topic.. we might discuss it some other time on related threads..
 
Simple math:
Crude price rises to 100 USD today.
US gains.

So does OPEC and Russia.
But you say no.
Thats where you statement is fatally flawed from the beginning:



You are defying the simple arithmetic coupled with a little business sense.

Indian troll... when you don't want to discuss UN report in OP, than principally you should keep quite, but your trolling has objective so let's play your game.

When oil prices go up to the point, where shale oil production become profitable than only US is the beneficiary.
If oil prices remain below certain threshold, $billions of investment in shale industry world over (mostly in US) remains waste.
Now that's not speculation or calculation, its a hard fact from recent history, which was in news only few years back.
Of course low oil prices hurt Saudi as well but, only non Saudi cry the most... and that's not by all by chance.
Use guru google to ashame your self.
http://priceofoil.org/2015/09/07/us-shale-capital-starting-to-dry-up/
 
Indian troll... when you don't want to discuss UN report in OP, than principally you should keep quite, but your trolling has objective so let's play your game.

When oil prices go up to the point, where shale oil production become profitable than only US is the beneficiary.
If oil prices remain below certain threshold, $billions of investment in shale industry world over (mostly in US) remains waste.
Now that's not speculation or calculation, its a hard fact from recent history, which was in news only few years back.
Of course low oil prices hurt Saudi as well but, only non Saudi cry the most... and that's not by all by chance.
Use guru google to ashame your self.
http://priceofoil.org/2015/09/07/us-shale-capital-starting-to-dry-up/

You call me a Troll and still want to engage me in dialogue?
What an absurd proposition from a sane mind.
Something is not right with your mind it seems.

Have a good day or night, depending upon where are you connected from:


imageedit_13_4092289745.gif
 
You call me a Troll and still want to engage me in dialogue?
What an absurd proposition from a sane mind.
Something is not right with your mind it seems.

Have a good day or night, depending upon where are you connected from:


View attachment 440019

I want to engage trolls, just to highlight the hypocrisy being practiced on this forum. you are my tool.
 
UNITED NATIONS (Reuters) - Remnants of four ballistic missiles fired into Saudi Arabia by Yemen’s Houthi rebels this year appear to have been designed and manufactured by Riyadh’s regional rival Iran, a confidential report by United Nations sanctions monitors said, bolstering a push by the United States to punish the Tehran government.

The independent panel of U.N. monitors, in a Nov. 24 report to the Security Council seen by Reuters on Thursday, said it “as yet has no evidence as to the identity of the broker or supplier” of the missiles, which were likely shipped to the Houthis in violation of a targeted U.N. arms embargo imposed in April 2015.

Earlier this month, U.S. Ambassador to the United Nations Nikki Haley accused Iran of supplying Houthi rebels with a missile that was fired into Saudi Arabia in July and called for the United Nations to hold Tehran accountable for violating two U.N. Security Council resolutions.


The report said that monitors had visited two Saudi Arabian military bases to see remnants gathered by authorities from missile attacks on Saudi Arabia on May 19, July 22, July 26 and Nov. 4.

They also visited four “impact points” from the Nov. 4 attack where other remnants of the missiles were identified.

“Design characteristics and dimensions of the components inspected by the panel are consistent with those reported for the Iranian designed and manufactured Qiam-1 missile,” the monitors wrote.


The Qiam-1 has a range of almost 500 miles and can carry a 1,400-pound warhead, according to GlobalSecurity.org public policy organization.

Saudi-led forces, which back the Yemeni government, have fought the Iran-allied Houthis in Yemen’s more than two-year-long civil war. Saudi Arabia’s crown prince has described Iran’s supply of rockets to the Houthis as “direct military aggression” that could be an act of war.

SMUGGLING ROUTE
Iran has denied supplying the Houthis with weapons, saying the U.S. and Saudi allegations are “baseless and unfounded.” Iran’s mission to the United Nations did not immediately respond to a request for comment on the U.N. monitors report.

Another ballistic missile was shot down on Thursday near the southwestern Saudi city of Khamis Mushait, the Saudi-owned al-Arabiya channel reported.

The U.N. monitors said they gathered evidence that the missiles were transferred to Yemen in pieces and assembled there by missile engineers with the Houthis and allied forces loyal to Yemen’s former President Ali Abdullah Saleh.

“The panel has not yet seen any evidence of external missile specialists working in Yemen in support of the Houthi-Saleh engineers,” the monitors wrote.

They visited Saudi Arabia after the monitors called on the coalition to provide evidence backing Riyadh’s claim that Iran was supplying missiles to the Houthis, warning that a failure to do so would violate a U.N. resolution.

They said the missiles most likely were smuggled into Yemen along “the land routes from Oman or Ghaydah and Nishtun in al Mahrah governorate (in Yemen) after ship-to-shore transshipment to small dhows, a route that has already seen limited seizures of anti-tank guided weapons.”


The monitors also said that while “concealment in cargo of vessels offloading in the Red Sea ports is unlikely, it cannot be excluded as an option.”

The Saudi-led coalition used the Nov. 4 missile attack to justify a blockade of Yemen for several weeks, saying it was needed to stem the flow of arms to the Houthis from Iran.

The United Nations had said the blockade could spark the largest famine the world has seen in decades. Some 7 million people in Yemen are on the brink of famine, and nearly 900,000 have been infected with cholera.

Reuters
 
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