Brent Nears Iran War Highs After Trump Orders "Extended Blockade", Threatens "No More Mr. Nice Guy"

When Will Gasoline Prices Return To Pre-War Levels? Authored by Robert Rapier via OilPrice.com, Oil futures have quickly priced in a favorable outcome from U.S.-Iran diplomacy, but physical oil flows, shipping networks, and refinery supply chains take much longer to normalize. Low global inventories and the need to replenish strategic and commercial stockpiles could create significant demand for crude even after supply disruptions ease. Gasoline prices are influenced by refining capacity, inventories, distribution costs, and seasonal demand, meaning pump prices may remain elevated even if crude oil continues to fall. Gasoline prices have started...

US Treasury Secretary Scott Bessent on Thursday threatened to “aggressively” target Oman with sanctions if it was involved in “facilitating tolls” in the Strait of Hormuz, a warning that came after President Trump threatened to “blow up” the country. “The United States Government will not tolerate any effort to impose a tolling system in the […]

"Overwhelming Puke-Stream": It's All Going To Come Out Now... Authored by James Howard Kunstler, Showdown “Everything that’s wrong is staring us right in the face, and half this country simply will not join us in fighting and fixing it. It’s infuriating and depressing and maddening.” - James Woods on X The closer this Iran war comes to a favorable resolution, the more garishly negative the puling Lefty-left gets, wishing fervently for the enemy to prevail. Why? Because the Lefty-left is also an enemy of our country. They want the operation to fail so...