Economic Blowback? Kuwait to Buy LNG From Iran

The big Russia-China energy deal has been getting a lot of press lately, but it’s not the only sign that the world is withdrawing its purchasing power from a meddlesome United States and an expansionist NATO/European Union. Now Kuwait, once one of the staunchest US allies in the Middle East, is playing footsie with Iran for natural gas.

Since 1990 —  when the US sent half a million troops and led an international coalition of 38 countries to  eject Iraq’s invading army from the country — the US and Kuwait have been thick as thieves, one might say. Kuwait even allowed itself to be used as a primary launching point for 2003’s US invasion and occupation of Iraq. And Iran has been Kuwait’s real bete noire since its Islamic revolution, allegedly extorting “terror taxes” and so forth from Kuwait and other Gulf states.

But Kuwait is the second Gulf state, after Oman, to start making friendly with Tehran.

What gives?

My guess is that the world is beginning to perceive the US as stretched thin both militarily and economically and that we’re seeing the beginnings of a global re-alignment away from the US and its dollar and toward regional powers (Russia, China, Iran). If so, this may end up remembered as the US War Party’s biggest and most damaging debacle of all.

Advertisements
This entry was posted in China, Iran, Russia and tagged , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s