The Iran oil bourse – a new direction?

The “Iran Oil Bourse” project, beloved of Internet conspiracy theorists, has taken on something of a mythical character, not unlike the Loch Ness Monster, with persistent sightings but an absence of actual manifestation. Hopefully this article will both dispel the myths, and set the scene for what is potentially an extremely important development, particularly for the Islamic world.

The peak oil crisis: the Saudi op-ed

It may be a lot harder, or a lot more expensive, for the US to get out of Iraq than anyone ever thought. The Saudis could bring pressure [on the U.S. to stay] without doing anything so provocative as a major production cut. Simply ratcheting down production in an unobtrusive manner should be enough to scare Washington.