Israel Loses Secretive Oil Pipeline Case To Iran, Ordered To Pay $1.1 Billion Plus Interest


Israel Loses Secretive Oil Pipeline Case To Iran, Ordered To Pay $1.1 Billion Plus Interest

By: Tim Daiss , CONTRIBUTOR

The Swiss Federal Tribunal, Switzerland’s highest court, ordered Israel to pay $1.1 billion plus interest to Iran in a decades old dispute over a secretive oil pipeline predating Iran’s 1979 Islamic revolution. The verdict was dated June 27, while media broke the story late last week.

Until the Islamic revolution and the fall of the Pahlavi dynasty in 1979, Israel and Iran maintained close ties. In fact, after the Six-Day War (1967 Arab-Israeli War), Iran supplied a large part of Israel’s oil demand while Israel returned the favor.

When Egypt blocked the Suez Canal, making Iranian oil transport impossible to Europe by tanker, Israel allowed Iranian oil to be shipped 158 miles (254 km) to the Mediterranean Sea via the Eilat-Ashkelon pipeline where it could unload at Eilat, a Red Sea port, then delivered to European markets.

The pipeline was a project of the Eilat-Ashkelon Pipeline Company (EAPC), an Israeli-Iranian joint venture set up in 1968. The joint venture pipeline was operational for a decade though it never reached maximum capacity of handling 60 million tons of crude per year.

According to the EAPC corporate website, the pipeline system serves as a land bridge for transporting crude oil from the Red Sea to the Mediterranean and vice versa. The crude oil pipeline system consists of three separate pipelines.

After the fall of the Shah of Iran, however, Israel and Iran became the region’s most stringent antagonists and bitter enemies. In the ensuing years, EAPC grew into a large energy company with considerable assets, now mostly handling oil from former Soviet states. EAPC is the largest oil distributor in Israel and is closely controlled by the Israeli government.

Iran first pursued the arbitration case in 1994 in France, then in Switzerland, demanding its share of the company’s revenues and assets that remained in Israel.

Israeli media said that Iran had tried for years to recoup its disputed assets from EAPC, despite decades of refusing to recognize Israel.

Israel Haymon News said that it remains unclear whether Israel will pay up, given its laws restricting “trading with the enemy.” Lawyers from both countries have failed to comment on the verdict.

Digging deeper

“We should not forget that Nasser [Egypt’s president at the time] was totally aware of the impact of his action on the economy of Iran,” Reza Yeganehshakib, a professor of Middle Eastern studies at Fullerton College and a geopolitical and energy analyst told me on Monday.

“He never had amicable feelings towards Persians. Perhaps if not the very first person, he was the first Arab leader that opposed the term Persian Gulf and attributed it to the Arabs,” Yeganehshakib said.

“Even after the six-day war, Iran continued using the Eilat-Ashkelon pipeline because Nasser could not be trusted, while it was also a cooperation ground for Shah with Israel. While publicly opposing Israel’s boycott, the Shah was always in favor of peace between Egypt and Israel.”

Yeganehshakib cited a February 19, 1975 report where the Shah assured Israel that if they gave the Sinai back to Egypt, Iran would supply Israel with the oil they would lose from the Abu Rudeis oil fields in the Sinai.

Since last year, Iran has emerged from Western sanctions placed on its energy sector due to Tehran’s nuclear ambitions and is currently battling Saudi Arabia for oil market share both in Europe and Asia.

Hillary Clinton Email Archive


Hillary Clinton Email Archive

On March 16, 2016 WikiLeaks launched a searchable archive for 30,322 emails & email attachments sent to and from Hillary Clinton’s private email server while she was Secretary of State. The 50,547 pages of documents span from 30 June 2010 to 12 August 2014. 7,570 of the documents were sent by Hillary Clinton. The emails were made available in the form of thousands of PDFs by the US State Department as a result of a Freedom of Information Act request. The final PDFs were made available on February 29, 2016.

Here are all the emails about Libya

De-Dollarization: The Story of Gaddafi’s Gold-Backed Currency is Not Over


De-Dollarization: The Story of Gaddafi’s Gold-Backed Currency is Not Over

 

 

A declassified email exchange between former US Secretary of State Hillary Clinton and her adviser Sid Blumenthal shows that Clinton was up to her eyeballs in the Western conspiracy against Libyan leader Muammar Gaddafi and his Pan-African “Gold Dinar” currency, F. William Engdahl narrates.

A recently declassified email from the illegal private server used by ex-Secretary of State and Democratic presidential hopeful Hillary Clinton during the Washington-orchestrated war against Muammar Gaddafi sheds some light on the US establishment’s genuine motivation.

“In a newly declassified Clinton email from Sid Blumenthal to Secretary of State Hillary Clinton dated April 2, 2011, Blumenthal reveals the reason that Gaddafi must be eliminated,” F. William Engdahl, American author, researcher and risk strategic consultant, writes in his article for New Eastern Outlook.

“Using the pretext of citing an unidentified ‘high source’ Blumenthal writes to Clinton, ‘According to sensitive information available to this source, Gaddafi’s government holds 143 tons of gold, and a similar amount in silver… This gold was accumulated prior to the current rebellion and was intended to be used to establish a pan-African currency based on the Libyan golden Dinar,” the researcher exposes.

Clinton Emails: Adviser Accused France of Bombing Gaddafi for Libyan Oil
Gaddafi was not the only Arabian leader who sought to divert its oil revenues into state-controlled funds, rather than trusting it to New York and London bankers, following the US war on terror kicked off in the Middle East and Central Asia.

“By 2008 the prospect of sovereign control by a growing number of African and Arab oil states of their state oil and gas revenues was causing serious concern in Wall Street as well as the City of London. It was huge liquidity, in the trillions, they potentially no longer controlled,” Engdahl continues.

Meanwhile, in 2009 Gaddafi, then President of the African Union, offered the states of the continent to shift to a new currency, independent from the US dollar, the so-called “Gold Dinar.”

According to the researcher, the idea, voiced by the Libyan leader, received high praise from Tunisia’s Ben Ali and Mubarak’s Egypt.

Gaddafi called upon African nations to create a currency alliance making the gold dinar the primary means of payment for oil and other resources.

“Along with the Arab OPEC sovereign wealth funds for their oil, other African oil nations, specifically Angola and Nigeria, were moving to create their own national oil wealth funds at the time of the 2011 NATO bombing of Libya,” Engdahl writes, adding that those sovereign national funds were supposed to make Africa independent from colonial monetary control.

The dream of the African nations was at the same time a nightmare for Western financial elites.
In light of this it is hardly surprising that Wall Street and the City of London threw their weight behind the NATO-led campaign aimed against the “rebellious” Libyan leader.

Engdahl draws attention to the fact that there was something very fishy about the idea of the US-backed Libyan Islamists to create a Western-style central bank ‘in exile‘ (as well as its own oil company) amid the fierce fight against the Gaddafi government.

The researcher cites Robert Wenzel who wrote in the Economic Policy Journal that he has “never before heard of a central bank being created in just a matter of weeks out of a popular uprising.”

“This suggests we have a bit more than a rag tag bunch of rebels running around and that there are some pretty sophisticated influences,” Wenzel stressed.

The aforementioned “sophisticated interests” could have been tied to Wall Street moguls and the City of London bankers who sought to eliminate the very idea of a Pan-African currency.

“The Gaddafi dream of an Arabic and African gold system independent of the dollar, unfortunately, died with him,” Engdahl notes.

The story is not finished yet: a new gold-backed currency alliance is emerging in the East, threatening again the US dollar hegemony. This group, headed by China and Russia, poses an entirely new challenge to America’s monetary dominance, the researcher remarks.

US Intelligence Confirms US Support for ISIS


US Intelligence Confirms US Support for ISIS

By Ron Paul

A partially-declassified DIA report brings disturbing details about US support for jihadists in Syria. What kind of game is the US government playing in the Middle East? Here is a discussion with former DIA director Gen. Michael Flynn on the subject:

 

Stagecraft: ISIS Video ‘Execution’ of Ethiopians in Libya Appears Fake


Stagecraft: ISIS Video ‘Execution’ of Ethiopians in Libya Appears Fake

By Shawn Helton

ethiopia-map

A newly released ISIS video allegedly depicts some 30 Ethiopians being ‘executed’ in two separate locations in Libya. 

However, one should take note, that this highly produced propaganda video – fails to provide any conclusive, or remotely credible evidence of a crime scene.

The terror installment said to have been carried out by ISIS militants entitled, “Until There Came to Them Clear Evidence,” was reportedly released by Al-Furqan Media, a media arm linked to the notorious Al-Hayat Media Center, the official media outlet for all sanctioned ISIS propaganda.

Once again, we see a terror motion picture which has been produced for dramatic effect, another work of deception – designed to create an emotional response within the viewer, rather than a rational one.

There have already been major questions concerning the validity of the ISIS propaganda videos. Still, they continue to function as a psychological assault on Western audiences, while serving to socially engineer western foreign policy in the process.

Here is another example…

isis-ethiopian-christians‘SITE on the Scene’ –  SITE Intel broadcasts ISIS propaganda material via social media.

Terror Trickery

On April 19th, it was Reported that a dozen or so Ethiopian men were executed along the beach near the edge of the Mediterranean Sea, while more than a dozen were shot in Southern Libya, but it’s important to remember that the video could have been filmed near almost any clear body of water. Similarly, the desert portion of the ISIS video could have also been filmed at nearly any arid location in the world.

In this latest ISIS propaganda video, quite a few anomalies associated with the production value of the film standout, as there were a number of planned multi-cam shots that would have involved a professional film team, costume designers, props and heavy post-production.

One of the most egregious elements of the staged ‘iconoclastic’ ISIS video, depicts giant-sizedISIS militants escorting their captives to their alleged end. This anomaly is a repeat of the same height discrepancy seen during February’s staged beheadings.

‘ISIS Giants?’ – This screen capture from the latest ISIS video, depicts unusually tall ISIS militants.


The ISIS execution reportedly took place in the Fazzan Province, and later as the desert scene evolves, ISIS members lineup to execute apparent Ethiopian captives at gun point. Although the terror group appears to have fired into the backs of those abducted, when you go frame by frame you see evidence of a heavily edited event. The scene is revealed to have depicted the ‘illusion’ of an execution by firing squad.

Another thing to consider in all of this, is that many of the gruesome images being paraded around by mainstream media, that are most likely used to generate ad revenue, show signs of manipulation, staging and victims whose faces appear almost serene while being executed something which has been present in every ISIS ‘execution’ production thus far.

As of yet, Ethiopian authorities have been ‘unable’ to confirm if their citizens were killed by ISIS militants in Libya. 

‘Pristine Terror’ – Notice the clean ISIS outfits and the nearly untouched guns on display in this most recent film production.

Problem, Reaction, Solution

The new ISIS video follows a winter season that saw several propaganda videos being pushed by the cloaked group and its social media distributors. The most recent film is the second mass execution said to have taken place in Libya at the hands of the now notorious terror group over the past couple of months.

Since last September, we’ve outlined that the ISIS ‘beheading’ videos were likely fakes, with many filmed against a green screen, including stage props, wardrobe design, voice overs and multi-cam videography. It turns out that at least two of the US major networksCNN and FOX News finally admitted this in February, after backlash over a video allegedly depicting a torched Jordanian pilot Moaz al-Kasasbeh.

In late January we were told that a “Tripoli branch of ISIS” claimed responsibility after a suspicious shooting attack on the largely empty Corinthia Hotel in the area. The event was synchronized with a car bombing just outside the hotel, according to the SITE Intelligence Group. It seems more and more that this was likely a setup to transplant the ‘ISIS’ narrative inside Libya.

In a report from February at 21WIRE, prior to experts releasing their conclusion about that ISIS video production, I was able to outline many of the film’s irregularities and inconsistencies proving that the film was indeed heavily orchestrated for maximum effect. 

In late February our assessment of the staged ISIS videos was confirmed. According to Florida-based Terrorism Research and Analysis Consortium, the 21 Egyptian Coptic Christians purported to have been decapitated in the video entitled “Signed With Blood: To The Nation Of The Cross,” was ruled to have been ‘staged’ due to the excessive anomalies seen in the dramatic 5 minute film.

While the newest ISIS video appears to depict a shocking escalation of terror, it fails to provide comprehensive evidence of a violent event and therefore should be looked as nothing more than propaganda to gain public support for Western foreign policy objectives – namely the fraudulent proxy campaign in Syria.

Additionally, this latest ISIS event also serves to deflect from the controversial military intervention in Yemen. This is something we’ve been outlining here at 21WIRE over the past month, while most Western media outlets have neglected to discuss Washington’s new proxy.

Here’s another look at an RT news clip from September 2014, where well-known Geopolitical analyst William Engdahl, assesses the deception and alleged roots of ISIS…