Iran Destroyed 20% Of Pentagon's MQ-9 Reaper Drone Fleet: Report

Watch Live: President Trump Holds Press Conference On Iran War Summary:  A Sunday night Axios report on a US-proposed 45-day ceasefire has by Monday morning been rejected by Iran, which later on Monday issued a 10-point letter via Pakistan.  Israel strikes large petrochemical plant at South Pars, which is responsible for half of the country’s petrochemical production. Trump reaffirms Tuesday deadline before vital infrastructure gets attacked as 'final', calls Americans opposed to Iran war 'foolish' - saying it's all about Tehran not getting a nuke. Israel kills experienced longtime head of IRGC intelligence; Iranian missile...

Russia Buying Gasoline From India To Tackle Shortages Russia, whose refining capacity has come under significant strain in recent months, has started seaborne imports of gasoline from India (the same country it exports millions of barrels of oil to), Reuters reported citing industry ​sources, in an effort to mitigate fuel shortages triggered by ‌Ukrainian attacks on its energy infrastructure. Fuel shortages are being felt across Russia's 11 time zones with rationing, long queues at filling stations and a record gasoline price increase, as a result of relentless Ukraine strikes on the...

Great Global Energy Rewiring Accelerates: UAE To Double Crude Export Capacity Bypassing Hormuz Chaos Days after the U.S. bombing campaign against Iran began, we pointed out on March 3 that the conflict was likely to accelerate a major Gulf infrastructure push to bypass the Strait of Hormuz. Saudi Arabia's East-West pipeline to the Red Sea stood out as the clearest signal that regional producers needed a credible Plan B for moving crude and crude products when the Hormuz chokepoint becomes disrupted. That logic is now coming into sharper focus...