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Article 5 Looming: NATO Shoots Down Iranian Ballistic Missile Fired At Turkey
Article 5 Looming: NATO Shoots Down Iranian Ballistic Missile Fired At Turkey
There's looming fear that Trump's Operation Epic Fury is fast spinning into a broader regional war, even a possible WW3 scenario - though large powers like Russia and China are expected to remain on the sidelines.
Illustrating this potential, on Wednesday a ballistic missile launched from Iran and tracked across Iraqi and Syrian airspace before heading toward Turkish territory was shot down by NATO air defenses, according to Turkey's Defense Ministry.
Open source file image: Launcher for Iranian Zolfaghar ballistic missiles
NATO...
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Mar 2, 2026 / Dave DeCamp
Pentagon Personnel Injured by Iranian Drone Attack on Hotel in Bahrain
An Iranian drone attack on a hotel in Bahrain injured at least two US Department of War employees, The Washington Post reported on Monday, citing a State Department diplomatic cable. “Two US DOW personnel were injured,” the cable said. No other details were included in the cable, and it’s unclear whether the personnel were military […]
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Mar 14, 2026 / Tyler Durden
"Serve Your Country": Uncle Sam Seeks Investment Bankers For 'Economic Defense Unit'
"Serve Your Country": Uncle Sam Seeks Investment Bankers For 'Economic Defense Unit'
The Department of War is reportedly building a 30-person investment banking team, called the "Economic Defense Unit," to deploy $200 billion in private equity over three years into defense companies and, more importantly, war unicorns, as the race to secure the Western Hemisphere and counter China, Russia, and Iran intensifies in the Trump era.
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Feb 25, 2026 / Tyler Durden
Supertanker Rates Hit Six-Year High: Here's What Driving It
Supertanker Rates Hit Six-Year High: Here's What Driving It
Global very large crude carrier (VLCC) rates have jumped to six-year highs due to two recent catalysts: first, a growing war-risk premium tied to the possibility of a US-Iran conflict, and second, ongoing consolidation in fleet ownership that is tightening vessel availability.
Let's begin by noting that war-risk insurance premiums are rapidly being priced into VLCC tanker rates. The Strait of Hormuz has once again come into focus as the world's most important energy chokepoint, where any flare-up in a US-Iran...
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