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Trump Says 'War' To End Immediately 'After' Midterm Elections, IRGC Issues New Demands
Trump Says 'War' To End Immediately 'After' Midterm Elections, IRGC Issues New Demands
Summary
Trump: "This war will end immediately after our election."
Iran escalates with "20 for 2" response doctrine: 20 targets for every 2-3 targets struck.
Iran sets heightened conditions for war's end: Tehran calls for an end to attacks, Israeli withdrawal from Lebanon, an end to the Yemen blockade, and release of $24B in frozen assets.
Shipping attacked: A tanker carrying 2M barrels of Iraqi oil was hit by a drone in Iraqi waters.
Damage assessment in wake of overnight assaults: CENTCOM denies US warships were hit while saying 10 Iranian tankers have been destroyed. Regional reports say Jordan bases hit hard.
Oil tops $100: Brent crude surpassed $100/barrel as markets see prolonged Gulf...
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Mar 20, 2026 / Jason Ditz
Israel Launches Overnight Attacks on South Syrian Army Camps
Israel has carried out overnight attacks on the Syrian military in the Suwayda Governorate, claiming to have hit a military headquarters as well as multiple army camps and weapons storage in the area in what they presented as retaliation for violence against the region’s Druze minority. Defense Minister Israel Katz accused the Syrian government of […]
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May 4, 2026 / Tyler Durden
Ceasefire Over? Trump Downplays 'Mini-War' After US & Iranians Trade Shots, Missiles Target UAE
Ceasefire Over? Trump Downplays 'Mini-War' After US & Iranians Trade Shots, Missiles Target UAE
Summary
Trump employs interesting new term: "We’re in, I call it a mini-war."
Fujairah says 3 injured in Iranian attack on Oil Industry Zone, UAE confirms "air defenses are now dealing with a missile threat", we have gotten reports of explosions in Dubai, which has sent oil higher and Emini futures into the red. UAE threatens retaliation.
CENTCOM hails two US merchant ships exiting Hormuz Strait safely in "first step". Bessent issues remarks warning the US "will fire if fired...
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Apr 13, 2026 / Tyler Durden
The Strait Of Hormuz Crisis Exposes A Fatal Flaw In Economic Thinking
The Strait Of Hormuz Crisis Exposes A Fatal Flaw In Economic Thinking
Authored by Kurt Cobb via Resource Insights,
Even a 4–5% loss in global energy supply could translate into a comparable drop in economic activity due to energy’s central role in all production.
Disruptions in oil and LNG flows through the Strait of Hormuz are already removing a significant share of global energy, with cascading impacts across industries.
Rising energy costs trigger widespread knock-on effects—from food and travel to semiconductors—potentially leading to a severe global recession.
A priest, an engineer, and an economist are...
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