Money versus Monetary Policy

UK, France Lead 30-Nation Military Push To Reopen Strait Of Hormuz Submitted by Michael Kern of OilPrice.com, The UK is hosting (yesterday and today) a two-day multinational conference convening military planners from more than 30 countries as Britain and France renew efforts to re-open the Strait of Hormuz. The two-day conference takes place just after U.S. President Donald Trump late on Tuesday extended the U.S.-Iran ceasefire until negotiations with Iran conclude “one way or the other.” President Trump has also ordered that the U.S. blockade at the Strait of Hormuz remains in place. Hopes...

Iran on Tuesday appointed a former high-ranking Islamic Revolutionary Guard Corps (IRGC) commander as the new secretary of its Supreme National Security Council (SNRC) after Israel killed Ali Larijani, the country’s previous national security chief. According to Iran’s PressTV, Larijani’s replacement, Mohammad Baqer Zolqadr, served in the IRGC during the Iran-Iraq War of the 1980s, […]

Trump's Blockade Is Breaking Iran... And European Elites Are Angry Authored by Brandon Smith via Alt-Market.us In March I published an article titled “Global Energy Crisis Or Iranian Surrender In Five Weeks?” in which I outlined the “worst case” and “best case” scenarios for the war in Iran. In my best case scenario I argued in favor of a specific plan to end the conflict quickly: A US naval blockade of the Strait of Hormuz, flipping the tables on Iran by blocking or seizing any oil tankers or gas tankers which...