Reply With Quote
also, any deal that Israel won't abide by is basically worthless
both are sides claiming the other side caved, both can't be right
also, any deal that Israel won't abide by is basically worthless
super squeeze in metals
Trump has made industrial inputs more expensive for the next few years
https://www.ft.com/content/44d4b188-...syn-25a6b1a6=1The Iran war is creating a “super-squeeze” in industrial metals such as copper and aluminium, say executives and analysts who believe persistent tight market conditions mean prices could be set to stay high for years to come.
The price of copper is close to its all-time closing high while aluminium is at its highest level in four years….
But unlike energy markets, where there is plentiful global supply, concerns about looming shortages existed in some of these industrial metals before the war…
For metals, the war has increased the costs of operating a mine because of the higher price of the diesel used to run trucks and other mining equipment, and due to a jump in the price of sulphuric acid, a crucial ingredient used in some copper and nickel mines…
In the case of copper, the market was already expected to be in deficit — where demand outstrips supply — this year, because of disruptions at major mines.
The conflict in the Middle East has dented production further, by causing the price of sulphur — a byproduct of oil refining — to more than double.
Disruptions in sulphur availability could remove as much as 125,000 tonnes of copper production in the Democratic Republic of Congo, according to consultancy Wood Mackenzie. A further 200,000 tonnes of production in Chile could be at risk because of sulphur disruptions, including China’s ban on exports of sulphuric acid, according to Amy Gower, analyst at Morgan Stanley…
Goldman Sachs, which initially forecast a 60,000-tonne deficit this year outside the US market, recently revised that up to a 640,000-tonne deficit….
Mining executives say the shortfall has been building for years and investors have often not allowed them to make the necessary investment in new copper mines…
In aluminium, the war has had a direct impact, with the Middle East accounting for almost 10 per cent of global refined production…
Meanwhile, high fuel prices triggered by the war have caused some countries to accelerate investments related to energy security, for instance in renewables, a move that is expected to boost demand for copper and aluminium over the medium term, according to analysts…..
“I haven’t seen much demand destruction,” said Jean-Sébastien Pelland, executive director at Eland Cables, which makes copper cables used in offshore wind farms and oil rigs.
High costs are passed on to end users, who are willing to pay for them, he said. “People are not going to stop buying cables for renewables energy any time soon.”
is it good when your allies start cutting side deals?
https://www.washingtonpost.com/world...mplex-strikes/Qatar presented what amounted to a 'secret deal' [with Iran], vowing to use leverage over gas supplies to help bring the war to a swift end while seeking Iran’s commitment on 'one condition: you are not going to attack us.
Iran has reportedly booby trapped its enriched uranium stockpile
https://www.jpost.com/middle-east/ir...article-899251Iran has escalated efforts to seal off its stockpile of enriched uranium, collapsing tunnels, and placing explosive mines at entrances in recent weeks, CNN reported on Saturday, citing five sources familiar with US intelligence.
reportedly, the US got hit hard on Wednesday
https://www.meidasplus.com/p/thursda...ates-trump-519Iran’s Revolutionary Guard struck five U.S. military installations overnight: Al-Salt Air Base in Jordan, Ahmad Al-Jaber and Ali Al-Salem Air Bases in Kuwait, U.S. Fifth Fleet Headquarters in Bahrain, and Sheikh Isa Air Base in Bahrain. OSINT reporting confirms Jordan “got seriously hit.”
The Patriot missile defense situation is alarming. Defense analysts report that three out of four Iranian ballistic missiles penetrated Patriot PAC-3 defenses at a key U.S. base in Jordan. Six interceptors were fired to achieve one successful interception. In cost terms, that’s roughly $24 million in interceptors against approximately $150,000 per Iranian missile, a 160-to-1 exchange ratio. One analyst put it plainly: this is not sustainable. Once ballistic missile defense coverage is depleted at key sites, the math becomes nearly impossible.
The U.S. long-range radar station at Jabal al-Dukhan in Bahrain? Confirmed ablaze. OSINT accounts geolocated the strike and matched smoke imagery to the AR-327 Long Range Radar site. A billion-dollar radar system, gone. Visual confirmation available for anyone who wants to look. CENTCOM and the Trump administration have been running cover on this, but the footage doesn’t lie.
Nuclear swagger belies the breezy, conversational tone
Trump sounds sweaty and desperate but that's every day these days
"gimme your lunch money"
Look what we made them do!
Pakistan is very optimistic about the deal to make a deal
https://www.cnn.com/2026/06/13/world...r-trump-israelKey mediator Pakistan has said the agreement would be signed electronically. The memorandum of understanding between Washington and Tehran would kick off a new 60-day period of negotiations on how to implement the framework and resolve remaining sticking points at the center of the conflict, a US official said Friday.
https://x.com/glcarlstrom/status/2065826604530466968
Of course Trump waits until his sweaty, erotic birthday party. Just surrender, you old dip . Your negotiating position can only get worse from here.
the purported US-Iran MOU, apparently not well received in Israel
Iran acting like there's a deal
Billions in upfront money
"Dilution"
Promise not to develop or use nukes
https://www.spurstalk.com/forums/sho...7#post11308447A senior Iranian official has told Reuters a final draft of the memorandum of understanding with the US covered a range of issues from Tehran's nuclear work to reopening the Strait of Hormuz and US waivers on oil sanctions, with a final deal to be discussed in the 60 days following agreement by the two sides.
The Iranian official said the draft memorandum included the following:
Iran immediately reopens the Strait of Hormuz to all commercial vessels, while the US lifts its naval blockade on Iranian ports.
The US agrees not to impose any new sanctions on Iran until a final deal is reached.
The US will waive oil sanctions on Iran for a specified period, allowing Tehran to sell oil and receive revenue.
The #US agrees to release $25 billion of Iran's frozen assets, including via direct cash transfers, cooperation among regional countries, and financial credit lines.
Tehran agrees that it will neither produce nor acquire nuclear weapons.
Iran agrees to maintain the nuclear status quo until a final deal is reached, including by not enriching uranium and not expanding nuclear facilities.
The US agrees Tehran will dilute its highly enriched uranium stockpile inside Iran, with a mechanism for doing so to be discussed within 60 days.
if accurate, the US will be giving Iran $25 billion, waiving sanctions and letting them sell oil right away -- just for the opportunity to negotiate for a return of the status quo ante that Trump/Bibi wrecked
however, Iran now has 31 autonomous military districts, and Israel doesn't like the deal
The deputy inspector of Iran's Khatam al-Anbiya joint military command said on Sunday that Israel’s latest attack on Hezbollah in Beirut would not go unanswered.
Mohammadjafar Asadi described the strike in Dahieh as a renewed Israeli provocation.-Iran Intl
sweaty and jittery
Trump says Israel’s bombings in Beirut prevented signing of the Deal with Iran, but it could still happen in a few hours.- Axios
Geez Barak, calm down. Take a breath and check the spelling before you hit post.
HEGSETH: We have controlled the straits this entire time
BRENNAN: You're negotiating with them to reopen it
Yeah, but we closey closed it!
Israel trying to shoot down a US concession to get a deal
I wonder what the source for this story is, or if it's just Israel getting sweaty and desperate over a possible deal
https://www.timesofisrael.com/livebl...eirut-strikes/Iran has rejected a United States offer for unspecified financial benefits and intends to respond to Israel’s strike on Beirut soon, Channel 12 news reports.
US President Donald Trump’s administration is reportedly making intensive efforts to prevent a potential attack, as it seeks to sign an agreement with Iran in the coming hours.
There are currently 21 users browsing this thread. (0 members and 21 guests)
Posting Permissions
