US urges Americans to exercise caution in Iraq, Bahrain, Oman, Saudi Arabia, Iran, Qatar, Lebanon, Kuwait and Jordan, warns Saudi-Houthi fighting could ‘escalate rapidly’
poised for action
according to live GasBuddy data, 10% of the nation's stations are now seeing diesel over $7 per gallon... $7.01/gal, while the bottom 10% average $5.83/gal. Median price of diesel $6.39/gal. Expecting further increases to all of these metrics.
Mr. Trump’s decision to pull back from, or at least delay, striking Houthi targets came as commanders had approved target lists, troops were loading bombs onto U.S. warplanes selected for the missions and the wave of attacks was just about to begin, according to two people briefed on the operation.
grandpa is in it way over his head
why else would administration insiders be leaking to the press?
guilty-mindedness: we ed up, they got ed up, now we have to help them fix it
https://www.wsj.com/world/middle-eas...sites-5b75cadf—The Trump administration has proposed investing $5 billion in a new fund that would help Middle East countries rebuild energy infrastructure battered in the Iran war and reduce their reliance on the Strait of Hormuz to transport oil and gas, according to U.S. and Middle Eastern officials and do ents seen by The Wall Street Journal.
national Republicans begging for export controls and whining about mean profiteers
rats starting to disembark
Sen. Jon Husted became the latest battleground Republican this week to call for a quick end to the Iran war, as panic grows over how high gas prices and President Donald Trump’s agenda could imperil the party’s chances in November.
“The war needs to come to an end as quickly as possible so that we can lower gas prices,” the Ohio senator told POLITICO, in his furthest comments yet on the matter.
Oil companies gave dumb Donny billions in bribes, oh well
Now they can go cry on their mountain of Iran War windfall profits
https://archive.is/LX7bG#selection-2901.19-2909.94China's shipbuilding industry is booming as an unexpected consequence of the U.S.-led war on Iran.
New shipbuilding orders in the first half of the year totaled 121.06 million metric tons deadweight, 2.7 times higher than the year-earlier period, according to data published by the China Association of the National Shipbuilding Industry.
China's global shipbuilding market share reached 82%, a 14-point increase from a year earlier.
https://www.aljazeera.com/opinions/2...ctions-on-iranBeijing is once again standing by Iran – not out of moral or ideological motivations, but because it can and because it is in its interest.
By purchasing 90 percent of Iranian oil exports, China has single-handedly kept the Iranian economy afloat – all while evading the US sanctions through a sophisticated network of “dark fleets” (ships used to obfuscate the Iranian origin of their cargo) and “teapot” refineries (private refineries so dubbed for their relatively modest size).
In response to Washington’s “with us or against us” ultimatum on the sanctions, the Chinese foreign ministry spokesperson said that “China will do everything necessary to firmly safeguard its rights and interests”. Having fought several trade wars with the US to a standstill, China has developed a high tolerance for US-inflicted economic pain – and an equally low tolerance for being pushed around.
For Beijing, foreign interference in bilateral trade relations with a third country is not acceptable. More importantly, it views Washington’s threat as toothless – and for good reason.
China is well insulated from the US’ Iran-related secondary sanctions. Chinese banks and companies that do business with Iran often do so exclusively, settling transactions in renminbi or through barter – making them effectively immune to US extraterritorial jurisdiction.
Meanwhile, the handful of Chinese companies that still settle transactions in US dollars are hidden beneath layers of s companies that can be discarded at little to no cost. This forces Washington into an endless game of regulatory whack-a-mole, in which each en y successfully eliminated is quickly replaced by another.
otoh, Iranian control appears to be overstated
https://www.nakedcapitalism.com/2026...sar-allah.htmlTanker Tracker’s Samir Madani estimates ~10.3 mmb/d of crude is again crossing the Strait—using 100+ AIS-dark shuttle tankers and STS transfers in the Gulf of Oman.
Iranian crude exports, meanwhile, are essentially shut down.
The oil is moving. The old system isn’t.
Iran, meanwhile, appears to be exporting essentially no meaningful crude volumes, although reduced LPG and small product flows continue.
The adaptation is working, but at extraordinary cost:
Tanker rates have risen from roughly $50,000/day before the war to more than $1 million/day, while attacks and retaliation continue.
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