Energy Prospectus

Yemen’s Houthi group has announced a three-day truce and dangled the prospect of a “permanent” ceasefire if the Saudi-led coalition ends its operations against the impoverished country.

The statement came a day after a wave of drone and missile attacks hit targets across Saudi Arabia, including an oil plant near the Formula One race in Jeddah, triggering an inferno.

On Saturday, at least seven people were reported to have been killed in air raids conducted by the Saudi-led coalition on Sanaa and Hodeidah.

The Houthis said the attack by the coalition hit a power plant, a fuel supply station and the state-run social insurance office in the capital.

Later, Houthi political leader Mahdi al-Mashat announced the suspension of missile and drone attacks and all military actions for a period of three days.

“This is a sincere invitation and practical steps to rebuild trust and take all the sides from the arena of talks to the arena of acts,” al-Mashat said.

“And we are ready to turn this declaration into a final and permanent commitment in the event that Saudi Arabia commits to ending the siege and stopping its raids on Yemen once and for all,” he added.

Hours after the Houthi ceasefire announcement, the Saudi-led coalition carried out air raids targeting Sanaa, the Houth-held capital, according to Saudi media.

According to Saudi Arabia’s Al Ekhbariya TV the raids, which were carried out around midnight, targeted “Houthi camps and strongholds” in the city.

Meanwhile, UN Secretary-General Antonio Guterres on Saturday denounced attacks on civilian facilities in Saudi Arabia and Yemen.

“The secretary-general strongly condemns the recent escalation of the conflict in Yemen including Friday’s aerial attacks on civilian and energy facilities in Saudi Arabia by the Houthis and the subsequent coalition airstrikes in Sana’a, reportedly killing eight civilians, including five children and two women,” spokesman Stephane Dujarric said in a statement.
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The Houthi are funded and supplied with missiles and drones by Iran. Team Biden is working on a deal to send $11 billion US dollars and lift sanctions on Iran. The money and additional oil revenues will fund Iran's war efforts (since Trump left office, they seem to have no fear of the U.S. military) and several $billion will go to Russia for their help in getting a nuke deal done with Joe Biden. < It is hard to make up something this stupid.

Congress needs to make it clear to Biden that he cannot make a deal with Iran without their approval.

The new Iran nuclear deal should require the congressional approval of a "treaty," former President Donald Trump's National Security Adviser John Bolton told Newsmax.

President Joe Biden approving the deal without congressional input and not submitting it for congressional approval might even "violate the law," according to one State Department special envoy.

And the United States has already offered too many "concessions" in the new Iran nuclear deal, Bolton, former U.S. ambassador to the United Nations under President George W. Bush, told "Saturday Report."

"If any document meets the definition of a treaty, this agreement with Iran['s] nuclear deal really dating back to 2015 should have been a treaty as well," Bolton told host Rita Cosby. "The Senate has allowed its constitutional authority to ratify treaties erode for nearly a century.

"This is the agreement to make the fight over, and to say, 'we insist that the Biden administration submit this as a treaty.'"

Bolton called the 2015 Joint Comprehensive Plan of Action (JCPOA) "the worst diplomatic agreement in American history, adding "this one is worse."

"The administration has spent a full year making more concessions to Iran," Bolton said.

There is bipartisan frustration by members of Congress surrounding impending agreement due to the Biden administration's closed-lipped response to what concessions and other details might lie in the deal.

Israeli Prime Minister Naftali Bennett might have revealed some of them last month.

Bennett said Iran had demanded the closing of any investigation from the International Atomic Energy Agency into a potential military application of its nuclear program, which remains one of the hallmark policies of the 2015 act.

Bennett also said Iran demanded its Islamic Revolutionary Guard Corps be removed from the U.S. list of foreign terrorist organizations.

"The emerging deal is likely to create a more violent and less stable Middle East," Bennett said. < Geopolitical risk to OPEC oil supplies is already going up.

According to U.S. Deputy Special Envoy to Monitor and Combat Anti-Semitism Ellie Cohanim, Senate Majority Leader Chuck Schumer, D-N.Y., shutting "down debate on the Biden administration's impending new Iran deal" would "violate the law."

"If Democratic Party leaders refuse to submit for congressional review the new Iran deal expected to be announced imminently, they will be violating ​​the Iran Nuclear Agreement Review Act of 2015 (INARA) and thereby overriding the will of the American people," Cohanim wrote.

She details that one way this might play out is "in order to sneak America into a disastrous deal, the Biden administration is reinterpreting INARA in a way opposite from its clear intentions. Jalina Porter, a spokeswoman at the State Department, has indicated President Biden might not submit the new deal's text to Congress for review. The administration will argue that President Biden is merely reinstating President Obama's old deal, and that the deal has therefore already been approved by Congress."

"But this argument is dead wrong," Cohanim wrote. "Beyond the fact that Iran's nuclear uranium holdings have materially changed since 2015, suggesting the deal's terms ought to be reconsidered, it appears Biden's deal will in fact wholly include novel provisions, such as sanctions relief for terrorists. The Biden administration must not skirt the law."
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MY ADVICE TO TEAM BIDEN: Walk away from the new deal with Iran unless you want to crush the Democratic Party. Although it is a "Deal With Another Devil", I'd much rather do an oil supply deal with Venezuela.

I agree with your opinion. This is beyond crazy