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In First Statement, Iran’s New Leader Says Strait of Hormuz Will Remain Closed and Attacks on US Bases Will Continue

Ayatollah Mojtaba Khamenei, who replaced his slain father as the new supreme leader of Iran, issued his first statement on Thursday, where he said the Strait of Hormuz would remain closed and vowed Iranian attacks on US bases in the region would continue. “Certainly, the leverage of blocking the Strait of Hormuz must also continue […]
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Jun 23, 2026 / Tyler Durden
"We Must Act": TotalEnergies CEO Joins Calls To Rewire Gulf Energy Flows Around Hormuz
"We Must Act": TotalEnergies CEO Joins Calls To Rewire Gulf Energy Flows Around Hormuz The Strait of Hormuz was disrupted or nearly closed for roughly three and a half to four months, offering Gulf states aligned with the U.S. one clear message: energy flows - or tanker transits - must be rewired through pipeline networks that bypass the maritime chokepoint. By creating alternative pipeline export routes through the UAE, Iraq, Saudi Arabia, Kuwait, Syria, Oman, or Turkey, regional producers can reduce the risk that Tehran can once again use Hormuz...
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Aug 18, 2026 / Tyler Durden
'Do What Israel Tells You!' - Graffiti On USAF Jet Suggests Troops Think War Isn't For America
'Do What Israel Tells You!' - Graffiti On USAF Jet Suggests Troops Think War Isn't For America It only took two weeks of fighting for a majority of polled Americans to conclude that the war on Iran benefits Israel more than the United States. If comments from a prominent, former Navy SEAL and graffiti written in the dust of a US Air Force jet in the Middle East are any indication, many American service members are convinced their participation in the war only serves the agenda of the State of Israel...
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Aug 14, 2026 / Tyler Durden
Your Grandfather's Military Is Dead
Your Grandfather's Military Is Dead Authored by Byron King and Sean Ring via DailyReckoning.com, You may have already seen some of what I’m about to share in The Daily Reckoning. But given what we’re focused on here and the sheer amount of money now moving into this corner of the defense industry… I think it deserves a second look. The drone itself is only part of what’s happening here. Building a military around unmanned systems requires an enormous industrial ecosystem underneath it like chips, sensors, batteries, rare-earth magnets, software, machine tools and, most...
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