Iran
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Tulku Phurbu Tsering Rinpoche

After all the talk we've heard in recent years about how depressed oil prices are now permanent, in the wake of Trump's announced withdrawal from the Iran nuclear deal Bank of America is predicting that the price of Brent crude could go as high as the once-dreaded $100 per barrel in 2019. The report also cited collapsing production in Venezuela due to the crisis there. Brent prices have risen above $77 per barrel since Trump's announcement. Prices have jumped more than 8% over the past month and 15% since the beginning of the year. According to the analysis, investors fear that renewed sanctions on Iran could lead to supply disruptions. Although the report failed to mention it, the Israeli air-strikes on Iranian targets in Syria have doubtless contributed to the jitters.  (Photo: Shana)

Iran
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FWCUI

The United Arab Emirates announced that it is ending its military training program in Somalia, as the governments of Abu Dhabi and Mogadishu trade charges back and forth. Tensions between the two governments have been on the rise over Emirati plans to build a military base in Somaliland, the self-declared republic that is effectively independent from Mogadishu. The UAE has trained hundreds of troops since 2014 for the weak and fractious Mogadishu government. But Mogadishu sees establishment of a foreign base at Somaliland’s port of Berbera as a move toward recognition of the breakaway republic, calling it a “clear violation of international law.” (Map: Somalia Country Profile)

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Abdul-Al Duraqi, a poet and activist from the Ahwazi Arab minority in Iran, arrested during the most recent protests in the city of Ahwaz (Khuzestan province), has been hospitalized after torture sessions at the hands of his interrogators. Family members told the Ahwaz Human Rights Organization (AHRO) that Duraqi was transferred to hospital due to deterioration in his physical condition after severe torture. Duraqi is revered in his community for keeping alive an Ahwazi literary tradition in the Arabic language. Nearly 400 have been arrested in protests in Ahwaz over the past month. AHRO charges that the detained are being denied their due process rights. (Photo via UNPO)