Friday, September 20, 2019

Here we go again? US forces on way to Saudi Arabia

As reported on Al Jazeera (and every other news site) this afternoon...

The Pentagon said on Friday that the US will deploy additional troops and military equipment to Saudi Arabia and the United Arab Emirates to beef up security, as President Donald Trump has at least for now decided against any immediate military strikes in response to attacks on the Saudi oil industry.



Secretary of Defense Mark Esper said this is a first step, and he is not ruling out additional moves down the road. He said it's a response to requests from the Saudis and the UAE to help improve their air and missile defences.

The article goes on to say that US troop deployment will involve a moderate number of forces -- hundreds, not 1000s -- and will be primarily defensive in nature. All the same, it looks to me as if we're headed for another in the continuing series of Gulf Wars. Walt's market tip: Buy oil stocks, including companies that operate pipelines.

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