Oil war: New failed Episode of Series of War on Syria and the Resistance Axis

Aqil Sheikh Hussein

Amid the many defeats bogging down the hegemony camp, the latter is resorting to oil as a weapon in the fierce confrontation on the international scene in the face of independence and liberation forces. All givens indicate that this development shall put the hegemony camp in the face of an unprecedentedly shattering defeat.

Syria will have the biggest contribution to moving to a safer and more just world, built upon the ruins of the world system that the US is seeking to establish at the account of the people's basic interests. In fact, Syria's resilience in the face of a hostile war that had exhausted the Zionists and the Americans pushed this camp to introduce a new weapon to the battlefield, oil.

With the support Syria has obtained from Russia, China and Iran having played a key role in bolstering this resilience, the makers of the Zionist-American decision thought that ceasing this support would automatically lead to Syria's downfall. Moreover, as they knew well that it was impossible to drive Iran to cease it, they thus betted on the possibility of wielding influence on Russia in that respect.

Failed Saudi bet on buying Russia

Ever since the signs of defeat in the war on Syria started to spring out, Saudi Arabia and other Gulf countries dashed to work on the Chinese and Russian dossiers. Actually, the Saudis thought that they could buy Russia and China as easily as they would media means, tourism resorts and political stances.

Furthermore, two weeks before Saudi Arabia cut oil prices, some senior Saudi officials were making their way to Moscow and Beijing carrying with them exorbitant financial offers. Each time, they spread, as part of the psychological war, stories about a looming Russian reneging on the position supporting Syria.

It is clear that the fiasco of these methods was behind the firmness towards Russia. Certainly, Saudi Arabia couldn't take its decision to cut oil prices had it not been for a direct US intimidation especially that the confrontation between Russia and the West has reached a boiling level in Ukraine.

The rock oil masquerade

The US wagered on realizing two goals through the Saudi oil prices' cut:
The first is to walk back with the least moral losses from bragging about rock oil whose production started years ago in the US and which shall empower the States to achieve independence in the field of energy, in addition to providing it with considerable capacities on the level of rock oil and gas exportation. As a matter of fact, oil prices' decrease to USD 55 per barrel, at a time when rock oil production cost hikes so that it cannot be sold for less than USD 90, has given Washington a chance to preserve some of its reputation in that concern.

The second is to deal a harsh blow to the Russian economy with the hope that it leads, within two or three years, not just to oblige Moscow to cease support for Syria or the oppositionists in Ukraine, but also to topple the regime of President Vladimir Putin and bring Russia back to the time of decadence.

As a matter of fact, oil barrel price drop has made damages to the economy of Russia and other exporting states like Iraq, Iraq and Venezuela, but not to the extent that it would deteriorate neither in two nor in two hundred years. In fact, Iran, whose economy does not rely on oil alone, has been used to such pressures ever since the Islamic Revolution, which helped boost its economic growth. Despite oil prices drop, the Islamic Republic, in Russia, has offered aids of billions of dollars to Syria.

On the other hand, China is the most benefitting from oil prices drop. Moreover, its solid economic and political ties with Russia protect the latter from the negative reverberations. Furthermore, the ruble exchange rate drop only led to activating Russia's exporting capacities.

Who will fall in the ditch?

Building on the aforementioned, not only oil prices cut failed to make a negative change on Russia and Iran's economy, thus on the support Moscow and Tehran are offering to Syria, but also to curb its repercussions from starting to show among the rival camp. Tens of US companies working in the field of rock oil have gone bankrupt. Moreover, the economy of Saudi Arabia and other Gulf countries have the devil to pay, with KSA having recently revealed a budget deficit of USD 50 billion due to the drop of its oil revenues since last August. For its part, Kuwait is enduring a 30-billion-dollar budget deficit.

By simple calculation, this means that two or three years of oil war will have a counter effect, and that downfall is far from being the destiny of Syria, Iran and Russia, but mostly that of America, the Sheikhs of oil, and the rest of the components of the Zionist-American camp.

*Russia and Iran back Syria despite their losses resulting from the Saudi cut of oil prices