World Economic Fuck'em

Disengagement: Trump Vows New Strategy To 'Strangle' Iran Over Time Summary No talks: Trump confirms US-Iran negotiations are off, vows to 'strangle them' over time. Hormuz attack: Tanker hit, injuring a crew member. Houthis escalate: Attacks shut Yemen’s Mokha port. Diplomacy stalled: Qatar says not mediating until Oman-Hormuz deal finalized. Iran hardens: Tehran says it maintains an offensive posture. Strait of Hormuz traffic returns to normal by September 30? Yes 9% · No 92%View full market & trade on Polymarket *  *  * Disengagement: Trump Vows New Strategy of Strangling Iran The US administration has already said this many...

In Charts: US Does Not Rely On Strait Of Hormuz Oil While Asia Stands To Lose Authored by Sylvia Xu via The Epoch Times (emphasis ours), The Strait of Hormuz has been called the jugular vein of the world’s oil supply, and as Operation Epic Fury continues, Iran continues to have a chokehold on the critical supply route. About one-fifth of the world’s oil and gas is typically shipped through the narrow waterway connecting the Persian Gulf to the Arabian Sea. But Iran’s attacks on commercial vessels have brought traffic through the strait...

President Donald Trump asserted he calls the shots in the Iran war and can force Israel to sign a peace deal. Shortly after the President’s remarks, Israeli Prime Minister Benjamin Netanyahu said he would do whatever is necessary to defend his country.  “He won’t have any choice,” Trump told the Financial Times on Sunday. “I […]