Iran financed the Houthis and also armed them. Now they have collapsed the Sunni Government of Yemen. However, according to Bob Baer, ex CIA analyst and now commenter on CNN, "The Saudi Arabian government is vulnerable right now because the leader is in ill health and the 2nd in command is in ill health too. So, the Saudi Government right now is being led by the 3rd in command. So, sending troops into Yemen to right the government and to put it back into Sunni hands might not work right now for the Saudis.
Also, to the North of Saudi Arabia ISIL (ISIS) is on their northern Border with Iraq. ISIL is now in Yemen as well as AQAP (Al Qaeda of the ARabian Peninsula). Iran, the Houthis (both Shia) and AQAP (Sunni) want to overthrow Saudi Arabia so they can control the vast oil wealth of that region.
So, for the world right now, this collapse of the Yemen government is a disaster of potentially epic proportions.
Saudi Arabia and shale oil in the U.S. and Canada are the main reasons that oil prices are low. However, if Saudi Arabia is overthrown somehow by Iran, Houthis, AQAP etc. then prices could easily skyrocket up to 200 a dollar or even 500 dollars a barrel if or when that happened for the world.
So, this is a very scary time not only for Saudi Arabia and other Sunni nations in the Middle East, it is also a scary time for the whole world. We might be looking at a World Wide Great Depression if Saudi Oil is compromised and a very strong U.S. and Russia that have to come to blows too.
Everything affects everything else on the planet and extreme things are happening all over.
No comments:
Post a Comment