Middle East Alliances & US Crisis
Genjamin Fulford Report 29th June, 2026 - Extracts Middle East Alliance - STEP:To fill the vacuum left by Rockefeller's departure from the Middle East, a new alliance called STEP (Saudi-Turkish-Egyptian-Pakistani Alliance) was formed, nicknamed the "Muhammad Pact." This is a genuine Arab NATO, completely Sunni, created for self-defense without having to ask Washington for permission. Four pieces of a strategic puzzle that fit perfectly together: SAUDI ARABIA: Guarantees billions of petrodollars to finance new military infrastructure. PAKISTAN: It raises the most important issue: the nuclear arsenal. The mutual defense clause extends Islamabad's nuclear umbrella to the entire Persian Gulf. TURKEY: Provides the region's most advanced defense industry (starting with the strike drones that have transformed modern warfare). EGYPT: Provides a critical mass on the ground, namely, the largest and most prepared regular army in the Arab world. Saudi Arabia:This alliance emerges against the backdrop of messages from the House of Saud: For decades, Saudi Arabia has enforced OPEC discipline with a single weapon: the ability to flood the market, crash prices, and punish dissenters into submission. It used this weapon against U.S. shale oil in 2014, causing the price of Brent crude to plummet from \$114 to \$27, and against Russia in March 2020, announcing an increase in production from 9.7 million to 12.3 million barrels per day. Both campaigns were successful because Riyadh was able to supply oil through the open Strait of Hormuz, at a price it could temporarily compensate for, from fields with unused production capacity that needed to be expanded. None of these conditions are met in June 2026. The East-West pipeline to Yanbu is operating at maximum capacity of 7 million barrels per day, and the price of Brent crude closed at $73.74 on June 25, which is more than six dollars below the IMF's projected break-even point of $80-91, and the kingdom has approximately 2.5 million barrels per day of spare capacity on paper that cannot be delivered to any port as long as the strait remains mined and closed. The threat of a withdrawal of troops from Iraq has faced a unique situation where those who are using coercion no longer have the means to do so. Saudi Arabia will now serve as a platform for negotiations aimed at restoring relations between Iran and the Gulf countries following the defeat of the United States and Israel in the war against Iran. The Rockefellers had hoped to overcome their defeat by severing ties with Saudi Arabia and forming alliances with Russia and Iran, but their proposals were reportedly rejected. This means that they are at risk of going bankrupt. United States:Now, the American people need to take decisive action to avoid a catastrophic economic collapse. The United States' strategic oil reserves are rapidly approaching levels that would make it impossible for the country to defend itself or maintain its economy. At the same time, a food crisis is looming. On June 25, Trump signed an executive order to "promote regenerative agriculture practices to support farmers and enhance the nation's food security." In other words, the…
