• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 2 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 1 day Could Someone Give Me Insights on the Future of Renewable Energy?
  • 1 day How Far Have We Really Gotten With Alternative Energy
  • 5 days e-truck insanity
  • 3 days An interesting statistic about bitumens?
  • 8 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 8 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
Editorial Dept

Editorial Dept

More Info

Egypt: Changing Geopolitical Hands

Bottom Line: The coup in Egypt boils down to a change in power brokers from Qatar to Saudi Arabia, which is in line with the preferences of the US and Israel.

Analysis: It is difficult to understand the geopolitical dynamics surrounding Egypt right now partly because US policy remains confused since Washington lost its footing in the post-Iraq invasion and more acutely during the Arab Spring. Washington had supported the Muslim Brotherhood, via its Qatari allies, but there was one particular move on the part of the MB that gave Washington a change of heart. It was not the call to arms for Sunni jihadists in Egypt to head to Syria to fight the Assad regime—this only worked in Washington’s (short-sighted) favor. The final straw was now-deposed President Mohamed Morsi’s call to arms in the Sinai, his clear goal of making a Muslim Brotherhood path from the Sinai to Gaza. The Sinai is Israeli territory, as far as Washington and Tel Aviv are concerned, and this is a no-go area for the Muslim Brotherhood. For Israel, an Egyptian government is acceptable as long as it honors Camp David.  

Recommendation: The Egyptian military’s slaughter of hundreds of Muslim Brotherhood supporters as it used total force to disperse a massive sit-in sets the brief bankruptcy reprieve back and bodes ill for repairing the economy on any real terms. What happens next, though, will depend less on the military’s missteps than on the geopolitical dynamics. The Egyptian coup has set in place…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News