Saudi Arabia, may build an oil refinery in the Dominican Republic, according to Dominican Foreign Minister Carlos Morales Troncoso. Saudi Arabia would use a Dominican oil refinery as an easier way to access the U.S. market while the Dominican government hopes to lower gas prices and end fuel shortages.
Here’s a thought- is Saudi Arabia trying to cut off increased Iranian incursion into the Americas or does that sound like a silly conspiracy theory? Inquiring minds would like to know.
Links- Prensa Latina, BusinessWeek, Farsi News Agency, mehrnews.com
Image- The Tribune (India) (Indian oil refinery)
it may be a conspiracy theory, but, when you say that the Saudis are cutting this deal in a large part to counter Iranian interests in the region, I think you're absolutely right.
ReplyDeleteIncreasing clout in the Americas- Iran, Russia, China.
ReplyDeleteAre we seeing the beginning of the end to U.S. economic hegemony to the Americas?