Defense Secretary Mark Esper arrived in Saudi Arabia on Monday,
and is expected to meet with top members of the Saudi royal family with
respect to ongoing US hostility toward Iran, and Trump’s talk of starting new wars.
The US has a substantial number of ground troops in Saudi Arabia’s
oil-producing areas, put there officially to defend the oil. In reality,
this is more US pre-positioning of troops along the Iranian frontier,
as with the US troops in neighboring Iraq.
President Trump says the troops are in Saudi Arabia because “they have been a very good ally,” and has insisted that Saudi Arabia is paying 100% of the costs of all the US troops there. Officials did not indicate if this was really the case, or if compensation was still under negotiation.
Even then, the cost of US troops there is likely comparatively small to
the cost of having them rampage across the Persian Gulf into Iran. If
such a war breaks out, it will be on the US dime, and as usual, Trump’s
narrative will switch to the myth that the US will ultimately recoup the
war costs by “taking the oil.”
It’s like we had almost forgotten to continue our belligerence towards Iran. The Ukraine bullsh*t and the on again off again withdrawal of troops from Syria took the focus off our other debacles.
The debacle in Saudi Arabia’s case was the Houthi blowing up 5% of the daily production of oil.
Iran’s potential superweapon is the world $1.2 quadrillion oil derivatives market. Pepe Escobar wrote an enlightening article about this back in June.
https://www.strategic-culture.org/news/2019/06/20/iran-goes-for-maximum-counter-pressure/
Crashing the oil derivatives market would have immediate negative economic effects, especially to those economic elites exposed to gaming the energy sector.
https://oilprice.com/Energy/Oil-Prices/How-Oil-Prices-Are-Held-Hostage-By-Derivatives.ht
Move along, nothing to see here. Down the memory hole…