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The Economic Destruction Of Trump's War Goes Far Beyond High Gas Prices

The Economic Destruction Of Trump's War Goes Far Beyond High Gas Prices Authored by Connor O'Keeffe via the Mises Institute, For the past six weeks, as this US-Israeli war with Iran has played out, the economic impact of the conflict has gotten a lot of attention. And rightfully so. As anyone who’s consumed any news about this war knows well by now, the Strait of Hormuz is a major energy chokepoint, the Iranian government did exactly what they said they were going to do if Trump and Netanyahu ordered this attack and...
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Apr 7, 2026 / George D. O’Neill, Jr.
The Trillion-Dollar Illusion
The latest American-Israeli aggression against Iran has exposed the United States’ inability to defend our big bases in the Gulf Countries and smaller bases in Iraq. For decades, these countries have had to endure the ire of their populations who are unhappy with the presence of U.S. forces in their lands. Their citizens are painfully […]
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Mar 3, 2026 / Tyler Durden
OpenAI Rewrites 'Sloppy' Pentagon AI Deal After Backlash Over Surveillance Risks
OpenAI Rewrites 'Sloppy' Pentagon AI Deal After Backlash Over Surveillance Risks OpenAI - which millions of users trust with everything from legal documents to tax returns - is revising its newly signed contract with the US Department of War, just days after it was announced that they would replace Anthropic for use in government systems because the rushed rollout "looked opportunistic and sloppy."  Hours after negotiations collapsed between the Pentagon and rival startup Anthropic on Friday, the San Francisco-based company agreed to supply its AI models for use in classified military operations. The...
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Jun 18, 2026 / Tyler Durden
Poland Moves To Tax Fuel Windfalls Earned During Iran War
Poland Moves To Tax Fuel Windfalls Earned During Iran War Authored by Michael Kern via OilPrice.com, Poland's government has approved a one-off windfall tax on fuel companies that benefited from soaring energy prices during the U.S.-Iran-Israel war, seeking to recover part of the billions spent protecting consumers from higher fuel costs. The proposed levy would impose a 60% tax on excess profits generated between March and December 2026, during the closure of the Strait of Hormuz. The Polish Finance Ministry estimates the measure will raise around 4 billion zloty $1.1 billion. Under the...
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