IEA Warns Escalation In US-Iran Hostilities Could Upend Oil Surplus Forecast

Trump Gave Saudi Crown Prince Green Light For Attack On Yemen's Sanaa Airport Authored by Dave DeCamp via AntiWar.com Axios reported Monday that President Trump gave Saudi Crown Prince Mohammed bin Salman (MbS) his support for an attack on Yemen ahead of Saudi Arabia’s bombing of the Sanaa International Airport, which shattered a years-long truce between Riyadh and the Houthis. US officials told Axios reporter Barak Ravid that Riyadh sought support for the attack during conversations with US officials last week, which included a Friday conversation between Trump and MbS. The report said MbS "asked...

"Hubris Generally Precedes Clusterf**k": Does It Smell Like Victory? Authored by James Howard Kunstler, The message seems to be something like the USA isn’t messing around with all those strike forces in the waters around Iran. The Islamic Republic suddenly looks like Rock-and-Hard-Place-Land. Everybody and his uncle are trying to figure out the calculus in play, World War Three or a happy ending? You’re seeing the most significant US military build-up over there in memory. Smells a little bit like first Gulf War, 1991 — minus all those allies we roped in then. Mr. Trump (via...

Tesla Weighs China Spinoff As Potential SpaceX Merger Looms Tesla is reportedly evaluating whether to separate its China operations through a sale, spinoff, or other restructuring as it considers a possible future merger with SpaceX, according to a new report from the Wall Street Journal. The discussions reflect increasing geopolitical tensions between the United States and China, as well as the unique regulatory challenges that would arise if Tesla became part of a company with significant U.S. defense contracts. The Journal reports that people familiar with the matter say Elon Musk has spent...