Persistent Delusion Among the American and NATO Defense Establishment

'Highly Unlikely' US Will Extend Iran Ceasefire, 'Lots Of Bombs Will Go Off' If No Deal: Trump Summary Trump says 'highly unlikely' will extend ceasefire if deal not signed in Pakistan. Iran's military after Sunday's US seizure of Iran-flagged cargo ship: will "take the necessary action against the US military" Vance intends to depart Tuesday to Pakistan, though still unclear whether Iranians will join - Pakistanis say yes, but timeline is fluid. Trump warns "nobody's playing games" & "lots of bombs will go off" if no deal (PBS) Xi to Saudi crown prince important...

Gulf War Leaves $58 Billion Repair Bill And Global Equipment Crunch Last week, JPMorgan - which correctly noted that headlines tend to focus on the fact of damage not the scale - was the first itemize the damage from the war in Iran, finding more than 60 energy infrastructure assets in the Gulf have been affected by drone and missile strikes, with roughly 50 sustaining different degrees of damage.  What about the actual dollar value of the inflicted damage? According to Rystad, repair and restoration costs for energy-linked infrastructure as a result of...