Iran

"The best thing [about Putin] is that he knows how to maintain relations. He has a special strength to sacrifice for the relations. It is rarely found."

"Many Europeans have sold their values ??against petrodollars.You have Wahhabi organizations from Saudi Arabia allowed to bring their dark and extremist ideology to Europe. Therefore from there terrorists now are exported to us. We have no export, all came to Syria and then go back to Europe.The three criminals who are responsible for the attacks in Paris have all lived in Europe and not in Syria."

In a shocking new report, Seymour Hersh reveals what he says was a covert operation run by the Joint Chiefs of Staff who sought to undermine the Obama administration and the CIA's goal of overthrowing the Assad regime in Syria. "If the American public saw the intelligence we were producing daily, at the most sensitive level, they would go ballistic."

"I hope I'm wrong but I fear Washington is trying to provoke a war in the Middle East to cover the coming collapse of the Petrodollar system and the American economy when the dollar is no longer the world reserve currency. The war is necessary to blame the coming dollar and debt collapse on Russia and China rather where it belongs on Wall Street, the central banking cartel and Washington political establishment. Remember while a Washington provoked war or conflict is likely to start in the Shia Crescent; it could spread across the Middle East and into Europe."

“I worry greatly that the rhetoric coming from the Republicans, particularly Donald Trump, is sending a message to Muslims here ... and ... around the world, that there is a ‘clash of civilizations.'” So said Hillary Clinton in Saturday night’s New Hampshire debate. Yet, that phrase was not popularized by Donald Trump, but by Harvard’s famed Samuel Huntington. That Clinton is unaware of the thesis, or dismisses it, does not speak well of the depth of her understanding of our world.

The main shortcoming of today’s militarized approach to fighting terrorism is simple - unless the expansion of dangerous ideologies like Wahhabism is stopped, the global war on terror, now almost a generation old, will never be won. No matter how many bombs the US and its allies drop, the Saudi-financed madrassas will continue to indoctrinate tomorrow’s jihadists.

Oil's hope for a bottom anytime soon appears to stand Snow White's chance in hell of coming true. Seventy-eight years after Walt Disney released the first full-length animated feature, and seven factors in today’s crude complex are dwarfing crude prices.

"I am not confirming or denying anything to do with this matter, but it is good that people like Samir Qantar will not be part of our world.

"Such acts of the Zionist regime, which have become a consistent method, are the most dangerous forms of state terrorism."

“To the intelligent man or woman, life appears infinitely mysterious, but the stupid have an answer for everything.” ~Edward Abbey

"I hope Iraqis will understand that this is a reflection of things that happen in combat. But it's also a reflection of how closely we are working with the government."

In the wake of a Security Council resolution on Syria that failed to consider the fate of Bashar al-Assad, a belligerent Turkey is fuming mad. In comments made from Istanbul on Saturday, PM Ahmet Davutoglu said the UN's stance "lacks realistic perspective." He also said Turkish troops will remain in Iraq until Mosul is "freed" from ISIS. Translation: Turkish boots will be on Iraqi ground for the foreseeable future.

The announcement of the restoration of Israel-Turkish relations should be seen in the context of Turkey having nowhere else to go.

"Turkey and Qatar face common problems and we are both very concerned about developments in the region and uncertain policies of other countries. We confront common enemies. At this critical time for the Middle East cooperation between us is vital."

The Saudi strategy has yet to bear itself out, but early indications suggest it is generating returns. Non-OPEC supply is expected to suffer its steepest decline in two decades in 2016, at a drop of nearly 0.5 mbpd. Moreover, U.S. shale producers are among the hardest hit. Oil production across the seven most prolific shale plays is expected to plummet a combined 116,000 bpd in January 2016. Still, the strategy is not without sacrifice, and several OPEC members are struggling to find – and, more importantly, endure – that magical balance between non-OPEC pain, market share retention/growth, and self-inflicted damage. Their tipping points are nearly impossible to predict, but there will be more losers than winners in this game of brinksmanship.

Despite spoiradic algo-crazed ramps, crude oil prices continue to slide back towards a $34 handle (in Jan '16 contract) this morning following a reiterated downbeat note from Goldman warning that storage levels are "too full for comfort," that positioning is not as stretched short as some believe, and confirming that this will not end until prices near cash costs to force production cuts, likely around $20/bbl.