DEBKAfile Exclusive Report January 21, 2016
The Islamic State’s illicit oil trade remains profitable like their other nefarious businesses. But their cash began to dry up after overspending on three months of costly foreign terrorist operations and heavy investments in developing hi-tech weapons and WMD.
DEBKAfile Exclusive Report December 31, 2015
To smash ISIS in Libya, Obama is ready to send US ground troops into battle and wind down his presidency with the US at war – scrapping two cherished principles.
DEBKAfile Exclusive Report December 3, 2015
After four idle years, Qaddafi’s ex-officers and soldiers are flocking to the ISIS flag and are muscling in on Libya’s oil and gas fields and pipelines in the service of their new master.
DEBKAfile Exclusive Report September 3, 2015
Salman and Obama put their Iranian gas deal quarrel behind them to discuss oil prices, the Syrian and Yemen wars, and US contractors taking over mega-development projects in the oil kingdom.
DEBKAfile Special Report August 24, 2015
Israel began importing Iraqi Kurdish oil exactly a year ago, at odds with the Obama administration, as debkafile reported at the time. Binyamin Netanyahu and the Barack Obama don’t see to eye to eye - not just on nuclear Iran, but on Middle East policy in general and the autonomous Kurdish republic, in particular. Israel decided to import Kurdish oil - first, because it was cheap at a time of soaring world prices and, second, to provide Kurdistan with revenue to buy the arms withheld by the US for repelling the ISIS advance on Irbil.
DEBKAfile Exclusive Report May 28, 2015
ISIS has seized a dozen oil fields in Iraq and Syria amassing billions of dollars in black market sales and saving up to buy a nuclear bomb.
DEBKAfile Exclusive Report May 7, 2015
King Salman is putting all his aspiration to stay on top of the world’s oil market in the Syrian and Yemeni war baskets.
DEBKAfile Exclusive Report April 30, 2015
King Salman tears up standing royal traditions to move the third generation of the House of Saud up to top posts, naming a new crown prince and moving his sons to prime positions. But he also rehabilitates the Muslim Brotherhood.
DEBKAfile Exclusive Report January 24, 2015
President Barack Obama will arrive in Riyadh Tuesday, Jan. 27 with the First Lady, to offer US condolences on the death of King Abdullah and hold his first formal conference with Salman Bin Abdulaziz as King of Saudi Arabia. He must clear the air most urgently on Riyadh’s flat opposition to the multilateral nuclear deal taking shape with Iran; persuade Salman to slow oil production so as to curb plunging oil prices; and decide together how to handle Yemen’s fall into the hands of Shiite Houthi rebels backed by Iran.
Oil markets seek stability under new Saudi King Salman. A short price spurt followed Abdullah’s death
DEBKAfile Exclusive Analysis January 23, 2015
The new Saudi King Salman bin Abdulaziz pledged continuity for the kingdom’s oil and other policies in his first speech Friday, Jan. 23, following the death of his half-brother King Abdullah. The late king, a strong, shrewd and measured ruler, navigated the kingdom on a steady course in a turbulent neighborhood. He also made sure the succession would be smooth, swift and safe for the long term. Abdullah was also largely responsible for plunging oil prices by refusing to cut production. King Salman will have to stand up to heavy arm-twisting bythe US, Iran and Russia for ending this policy.
DEBKAfile Exclusive Report December 22, 2014
The current military state of play in Iraq is being fought bizarrely on three more or less disconnected levels, debkafile reports. A combined Iraqi-Kurdish force captured Mt. Sinjar and, accompanied by US advisers, is poised to attack the northern town of Tal Afar, 50 km west of Mosul. ISIS has meanwhile focused on grabbing the oil regions of Syria and Iraq and renewed its siege of the Iraqi refinery town of Baiji, so pumping up its revenues from $2 to 2.5 billion, despite falling crude prices – and even dumping looted oil for $25-30 per barrel.
DEBKAfile Exclusive Report July 4, 2014
Islamist entities not governed by international law are redrawing the map of the Middle East, swiftly gaining territory and oil.
DEBKAfile Exclusive Report July 4, 2014
Without a strong army or allies, Iraq’s Prime Minister Nouri al-Maliki is considering a retreat to the south and the creation of a Shiite state bolstered by Basra’s oilfields.
DEBKAfile Exclusive Report June 25, 2014
The recent increase in Grad rocket fire on Ashkelon's coast is actually intended to hit the town’s oil port and the Trans-Israel oil pipeline linking it to Eilat, says debkafile. Islamic Jihad and Salafists in Gaza, working with Ansar Bayt al-Maqdis in Sinai, aim to sabotage the new independent Iraqi Kurdish route through Turkey and Israel and ensure that Iran and ISIS retain control of regional oil. With the first oil shipments coming through, Israel becomes a major conduit for Kurdish oil and an indirect player in the Iraqi war.
DEBKAfile Exclusive Report May 22, 2014
The US, UAE and Egypt are backing Gen. Khalifa Haftar’s battle against militant Islamists in Libya, hoping to secure oilfields and target Ansar al-Sharia.
DEBKAfile Exclusive Report May 1, 2014
Washington will let Egypt have Apaches but will keep a weather eye on strongman Abdel-Fattah El-Sisi whose plans may go a lot farther than counterterrorism to coveting Libyan oil.
DEBKAfile Special Report March 17, 2014
The US Navy took over Monday, March 17 a North Korean-flagged tanker carrying Libyan crude loaded from a rebel-hold port in eastern Libya. Washington said the tanker, seized in international waters off Cyprus, was a pirate or rogue vessel. President Obama ordered the operation to return the oil to the Libyan government. debkafile: Libya’s government is hardly stable and has not governed the eastern region since NATO overthrew Muammar Qaddafi nearly three years ago. Separatist militias there run a major world black markets for weapons.
DEBKAfile Exclusive Report January 24, 2014
Palestinian Authority Chairman Mahmoud Abbas launched his “diplomatic intifada” against Israel Thursday, Jan. 23, from Moscow. In his talks with Vladimir Putin and Dmitry Medvedev, he marked the Palestinian breakaway from the Kerry peace process with Israel, four months before it was due to expire, and his bid for its replacement by Russian backing for a Palestinian state. Abbas’s defection caught both Secretary of State John Kerry and Prime Minister Binyamin - and their intelligence agencies – napping, busy in Switzerland far from the action.
DEBKAfile Exclusive Report January 10, 2014
Al Qaeda in Iraq (ISIS) is eyeing Iraqi oil to produce funding for its jihad against the Shiite prime minister in Baghdad, like the revenue generated from its seizure of Syrian oilfields.
DEBKAfile Exclusive Report November 23, 2013
Syrian rebel militias are falling apart and as they lose their foreign funding fight each other in a grab for Syria’s oil fields to replace lost revenue.