First Chinese Tanker Attacked Near Hormuz As Beijing Urges Waterway Reopened

Nearly 70% Inflation, Mass Layoffs, And A Strangled Economy: Iran's Brutal Test Of Endurance Iran’s economy is undergoing one of the most brutal stress tests in its modern history. Official annual inflation has surged to 50% according to central bank figures released shortly after the ceasefire, while the year-on-year rate reached as high as 67% through mid-April, according to the Wall Street Journal. The rial has crashed to a record low of 1.8 million to the dollar, roughly two million workers have lost their jobs, and the US naval blockade of...

Vance Reportedly Questions Pentagon's Rosy Assessment Of Iran War Vice President JD Vance is reportedly questioning assessments from the Department of War about the effectiveness of the US military campaign against Iran. According to two senior White House officials cited by The Atlantic, Vance has expressed skepticism about recent Pentagon estimates on the depletion of US munitions since the launch of Operation Epic Fury. A report released last week by the Center for Strategic and International Studies found the Pentagon used roughly half of its stockpiles of advanced interceptors and standoff...

Things Get Interesting-er Authored by James Howard Kunstler, “It is one thing for the people (of Iran) to be ruled by globally feared autocrats armed to the teeth, but quite another to be governed by humiliated, now impotent incompetents and buffoons.” - VDH Wednesday the US / Iran ceasefire expires. It has been an interesting two weeks. The US used it to negotiate an end to hostilities, resupply our ships in the Arabian Sea, do maintenance on our ships and warplanes, dismantle Iran’s banking conduits, and blockade Hormuz to shut down the...