How the US uses oil as a geopolitical weapon

How the US uses oil as a geopolitical weapon

Oil has been at the center of the war on Iran. Ben Norton explains how the United States became the biggest oil producer on Earth, and how the US empire uses petroleum as a geopolitical and economic weapon, pushing for monopolistic Big Oil corporations to dominate the global market. Ben also discusses why Trump pressured the UAE to withdraw from OPEC, and he debunks the myth that the USA is "energy independent". VIDEO: https://www.youtube.com/watch?v=gh-E3q6tGEw Check out our related video on the biggest oil crisis in history: https://www.youtube.com/watch?v=bUdyPJM_rOw Topics 0:00 Iran war and oil 0:36 Petrodollar 1:52 USA is biggest oil producer 3:39 US oil exports increase 4:32 Oil price skyrockets 5:03 Corporate profits rise 5:37 Strait of Hormuz 6:30 UAE withdraws from OPEC 7:31 Abraham Accords 8:37 OPEC history 9:14 Seven Sisters: Big Oil 11:01 OPEC members 12:13 OPEC+ participants 13:18 Goal of OPEC 14:25 State-owned oil companies 15:12 Why USA dislikes OPEC 16:56 Oil is political 17:18 Venezuela economic war 19:06 Big Oil execs in US govt 20:55 Cuba oil blockade 22:29 Energy and food crisis 23:36 US "energy independence" 25:06 US oil imports 26:12 Types of crude oil 27:26 US oil refineries 28:47 US imports by country 30:36 Oil benchmarks 32:47 Oil futures market 33:53 Price predictions 36:04 Economic crisis fears 37:02 Outro

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US-Israeli war on Iran caused biggest oil crisis in history, endangering world economy

US-Israeli war on Iran caused biggest oil crisis in history, endangering world economy

The US-Israeli war on Iran has caused the largest oil supply shock in history, according to the International Energy Agency (IEA). Ben Norton explains how the attacks by Trump and Netanyahu, and the e...

25 Huhti 21min

US economy is based on Ponzi scheme that could collapse, warns economist Michael Hudson

US economy is based on Ponzi scheme that could collapse, warns economist Michael Hudson

There are growing signs that the United States may be on the verge of another major financial crisis, one that could start in the $3 trillion private credit market, which is already seeing significant...

21 Huhti 34min

Why is Trump blockading Iran's blockade? This is the crazy, and dangerous, US strategy

Why is Trump blockading Iran's blockade? This is the crazy, and dangerous, US strategy

The peace talks held between the US and Iran in Islamabad, Pakistan failed. Despite a temporary, two-week ceasefire Donald Trump announced a naval blockade of the Iranian blockade of the Strait of Hor...

17 Huhti 27min

China just prevented a war over Taiwan. This is how

China just prevented a war over Taiwan. This is how

The US government has pushed for years for a war with China, selling billions of dollars of weapons to separatists in Taiwan. However, those plans are falling apart, after the leader of the KMT, the N...

13 Huhti 36min

US and Israel immediately violate ceasefire with Iran: The war is not over

US and Israel immediately violate ceasefire with Iran: The war is not over

The United States and Iran agreed to a temporary, two-week ceasefire. However, Tehran said Washington immediately violated it, by allowing Israel to bomb Lebanon. Ben Norton explains how the USA has r...

9 Huhti 23min

Is another financial crisis on the horizon? Wall Street fears new crash

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Is the United States on the verge of another financial crisis? Some top Wall Street executives fear the bankruptcies in the $3 trillion private credit industry could spread, as firms prevent investors...

6 Huhti 13min

Iran is winning the war with the US. This is how

Iran is winning the war with the US. This is how

Iran is winning the war that was started by the USA and Israel. This is now admitted even by major Western media outlets. Tehran has successfully destroyed the US military bases in West Asia (aka the ...

2 Huhti 31min

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