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US Strikes Iran Energy Assets, Tehran Vows Retaliation; Iran Intel Chief Killed, Trump Muses On 'Finishing Off Terror State'
US Strikes Iran Energy Assets, Tehran Vows Retaliation; Iran Intel Chief Killed, Trump Muses On 'Finishing Off Terror State'
Summary
Israel says Iran's intelligence chief Esmail Khatib was eliminated overnight as pace of top leadership killings accelerates.
Iran says upstream oil and gas assets are under attack for first time since war began, readies retaliatory action against oil/gas assets in Gulf area, including Qatar, Saudi Arabia, & UAE
Iraq reroutes some flows through Ceyhan Pipeline to Turkey
Iran reiterates new rules in place for Hormuz transit as traffic remains de-minimus, sparking reports that "the...
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Jul 29, 2026 / Tyler Durden
From Momentum To Mayhem: Korean 'Plunge Protectors' Meet As Leverage Unwind Sparks Chaos
From Momentum To Mayhem: Korean 'Plunge Protectors' Meet As Leverage Unwind Sparks Chaos
'Leverage goes both ways...'
That is a lesson that many are learning in a painful manner as the army that enjoyed the momentum escalator ride up are now decrying the elevator plunge lower... and the poster-child for this pain is Korea.
Following anxiety over new Chinese competition, and disappointing earnings from SK Hynix overnight, Korea's stock market has plunged 44% from its record highs in June (but remains up 27% YTD still)...
Triggering yet another circuit-breaker...
You didn’t pray hard enough
The...
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Sep 1, 2026 / Tyler Durden
"Escalation Trap": Robert Pape Blasts Bessent's "Economic D-Day" Targeting Iran
"Escalation Trap": Robert Pape Blasts Bessent's "Economic D-Day" Targeting Iran
University of Chicago professor Robert Pape tore into Treasury Secretary Scott Bessent's so-called "Economic D-Day" campaign against Iran, branding it a dangerous "escalation trap" that history shows will not force Tehran to fold, and may instead drag the United States deeper into war.
Appearing recently on the "Breaking Points" podcast, Pape, a longtime scholar of air power, blockades and sanctions, argued that Bessent is selling maximum economic pressure as an alternative to more fighting.
"That's not what it is," Pape told "Breaking...
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Oct 5, 2026 / Jason Ditz
Israeli Forces Block Firefighters After Setting Fires in Southwest Syria
Israeli forces continue to operate in southwestern Syria, with incidents reports in Quneitra, Daraa, and Rif Damasq Governorates. While most of the cross-border incidents involve the Israeli military searching homes and establishing temporary checkpoints in Syrian territory, there are also increasingly destructive incidents to report. Up in Rif Damasq, Israeli troops not only entered a […]
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