How Resilient?

Trump Threatens To 'Take Out Entire Country Of Iran' Tomorrow Night, Demands 'Free Traffic Of Oil' In Hormuz Summary:  Trump threatens "Iran can be taken out in one night... maybe tomorrow"; Warns 'every bridge and power plant' will be destroyed WSJ reports US military is making preparations for potential strikes on energy targets in Iran 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...

Mexico Bans Fracking In Key Shale Basin By Julianne Geiger of OilPrice.com Mexico has ruled out fracking in a key shale basin, drawing a line through a resource-rich area even as the country looks for ways to cut its dependence on U.S. natural gas. President Claudia Sheinbaum said hydraulic fracturing will not be allowed in the Tampico-Misantla basin beneath Veracruz and Tamaulipas. The government cited the basin’s dense population, indigenous communities and freshwater reserves. Sheinbaum ordered a panel to examine whether unconventional gas could help reduce imports from the United States. Mexico buys...