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07-27-26  savo

may be for planet Carib... but oil at 120 is not good for planet Savo.

07-27-26  savo

israeli policies are not very relevant... the policies of the country feeding the monster are... Those are the ones that need change.

07-27-26  carib

Oil @120$ or more would not be bad for the planet.

07-27-26  carib

After Oct 27th the israeli condition will be unchanged, but not so its policies.

07-27-26  patient-trader

The US has apparently no ability to guarantee traffic through the strait of Hormuz. So what is the point of staying there? Until the US arrived shipping was free in the Strait because it was in everyones interest to keep shipping free. The Iranians have dealt for decades with the Arabs and they depend on each other. They cannot afford to choke each other.
The goal of the war has been accomplished. The Iranian potential to build nukes has been greatly reduced. Also, while the war is going on the Iranian opposition cannot topple the regime as they are busy trying to stay alive.
From all perspectives the US presence in the Gulf is counter-productive. Trump could simply go home. His ego however doesnt allow that.

07-27-26  savo

i was wrong on the gold price calculation...

HK trades in Taels which is 37.5 grams. An ounce is 31.1 grams


07-27-26  savo

amateur... Because you don't start a war unless you have a solid expectation to win it.


before having an expectation to win it.... i would say you do not start a war unless

a) you have the resources to start a war which the US does not have given its debt and its deficit. I have not seen taxes going up to finance the war... hence it is being financed with debt..or the fed balance sheet.

b) there is a serious reason to start the war... which in this case there wasn't other than in the mind of NetanDracula and his US supporters.

07-27-26  amateur

DT's Iran attack was a mistake.
Not because Iran is not a threat to the world, which it is. Because you don't start a war unless you have a solid expectation to win it.

DT thought Iran would submit humbly after the first strong attack. That was a BIG mistake, that he did not foresee, because his mind is blinded by his ego, and is a third rate mind anyway.

Six months ago, Hormuz was open and Iran had been "obliterated". Maybe not totally, but its nuclear potential was reduced. The result of the mistake: Iran is now radicalized and funcional.

The damage is done. As per the classic Carib mantra, you cannot turn an omelette back into eggs.
The US (with or without DT) will have to adopt a strategy to get out of the hole. Abandoning Israel is not just a ME question.
It is tantamount to abandon Europe to Islam.

07-27-26  spal

Oil at 120 is not a big deal BTW ... only a very dimwitted journo or the sensationalistic moronic press of today would seize on this.

A barrel of crude at $120 hits an economy with today's median household income far less severely than a $147 barrel hit consumers in 2008 or a $38 barrel hit consumers in 1980. This is the reality should one pause to consider.

And half of the middle east in flames ... again not really.



07-27-26  spal

I would say it is Israel' problem.. .and they should find a solution to it.

===

I would not put Israel in a corner alone.

I will simply state this.

07-27-26  spal

Israel is an ally - allies have privileges (make sense) ... Israel is unlikely to nuke the west.

Iran is an enemy. Enemies can not be trusted. Israel does not trust Iran with a nuke. Israel is an ally. You go with you allies.

This is enough for me.

07-27-26  savo

spal... how does my view of trump change the fact that he and his unholy partner wanted to bomb iran into submission for wanting to have what israel already have and did not work?

And how is it important for the world that Iran is an existential threat to Israel?

I would say it is Israel' problem.. .and they should find a solution to it.. that does not include a world war.. oil at 120 and half of the middle east in flames.

07-27-26  spal

The Islamic Republic frames the elimination of the Israeli state as a core religious and revolutionary duty.

If someones entire belief system - their entire mind was fixin' to want you eliminated you can not rest until this changes. This is the Israeli dilemma - like it or not.

07-27-26  spal

Should Iran change this would help.

07-27-26  spal

From Israel perspective Iran is an existential threat.

This is a fact.

07-27-26  spal

Depending on how you set the clock "Iran" as an imperial civilization has had hegemonic designs on the entire region for 2,500 years - the modern Islamic Republic for 50 years. Take off your Trump tinted glasses a moment, it might help.

07-27-26  spal

Savo - if you chose to view history in tiny snippets it is your choice.

07-27-26  savo

spal.. the middle east was what it had always been before the unholy alliance of Trump and Israel decided that Iran had to be bombed into submission for wanting to have the same nuclear capability that Israel has...(if you ask me none of those two should have it)...

it did not work ..for reasons that are outside my scope of understanding...

will trump let this nonsense war define his presidency or will he pack and go home?

07-27-26  spal

go home and let the middle east be whatever the middle east wants to be.


===

Considering that the "Middle East" is entirely a western construct and its development was largely under western vassalage it would not look anything like you expect. My guess is a large caliphate with certain designs on Israel.

07-27-26  savo

A fire continues to burn at the ARAMCO oil refinery in the city of Jizan, Saudi Arabia, which broke out approximately 48 hours ago as a result of a rocket attack from Yemen.


god job by Trumpkenstein and NetanDracula.

07-27-26  savo

physical gold in the new Hong Kong exchange...

https://hkgx.com.hk/en

38,785 HK dollar


in US$

if i am right...

38,785 / 7.84 = 4,900 dollars...

vs 4,092... in the west...

so... is it or is it not manipulated ?


07-27-26  savo

this is weird...

The US wants a ceasefire... but they were the ones who started the "fire"...

why don't they just cease the fire they started, go home and let the middle east be whatever the middle east wants to be.

07-27-26  savo

BREAKING: A source close to Iran's chief negotiator says Tehran has rejected three U.S. backed ceasefire proposals this week, delivered through Qatar, Iraq, and Pakistan — which reportedly angered Donald Trump and pushed him to announce a massive strike on Iran, according to Iranian outlets.

The source suggests Iran is waiting for U.S. Strategic Petroleum Reserve levels to drop critically low, expected by mid-August, and for oil to hit around $120 a barrel before considering any deal and and eventually, Donald Trump would have to accept Iran's terms, meaning TACO.

The U.S. Strategic Petroleum Reserve (SPR) has fallen to approximately 311.4 million barrels, its lowest level since March 1983, according to the latest EIA data. Analysts warn that if disruptions hit both the Bab el-Mandeb and the Strait of Hormuz at the same time, oil could climb to around $124 a barrel in August.

07-26-26  pillz

An oil tanker exploded in the Strait of Hormuz after colliding with a naval mine, Iran's IRGC-linked Tasnim news agency reported on Sunday.

Tasnim said the tanker struck the mine after leaving the route designated by Iran in the strategic waterway.

There was no immediate official statement from Iranian authorities regarding the incident.

07-26-26  savo

having covered their shorts ....


The Hormuz Letter
@HormuzLetter
BREAKING: Trump has cancelled plans to sharply escalate the war on Iran over concerns that Iranian attacks could dangerously drain the Pentagon's already diminished stockpile of Patriot antimissile interceptors and other air defense munitions in the Middle East close to zero, per NYT.

The Pentagon has used more than 1,200 Patriot interceptors in the war at more than $4M each, with cheap Iranian drones and ballistic missiles depleting the US inventory. Joint Chiefs Chairman Gen. Dan Caine privately cautioned that resuming major combat operations would fully deplete interceptors available to US Central Command.

A senior US official adds that continued strikes have had "the opposite effect of what is intended, keeping Iran cohesive and allowing Iranian leaders to focus attention on an external threat."

07-26-26  savo

inflation up... rates up... a clueless fed an old fool at the WH playing roman emperor... how much longer will AI keep the party going?

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