Post #5362

Trump’s Iran war isn’t “contained” — it’s taking a chainsaw to the global oil system and sending the bill to everyone else. 📰 How to Blow Up the Oil Market and Call It Strategy Iraq and Oman have now shut key oil terminals after two Iraqi tankers were hit and left burning off the coast, while a third ship was struck near Dubai. The International Energy Agency says flows through the Strait of Hormuz — normally carrying about a fifth of the world’s oil — have dropped to a trickle, driving an 8‑million‑barrel‑a‑day supply collapse, the largest disruption in the history of the global oil market. Even a coordinated pledge by the U.S. and its allies to release 400 million barrels from emergency reserves couldn’t stop prices from surging again. Iran’s Revolutionary Guards now openly claim attacks on tankers they say “ignored warnings,” and Tehran vows it will not allow shipments that benefit the U.S. and its allies to pass Hormuz. At the same time, Iran is firing on Israeli bases and Gulf targets, Israel is pounding Tehran and Beirut, and Hezbollah’s support strikes have already killed more than 600 people in Lebanon and displaced over 800,000. The war that was sold as a clean hit on Iran’s “capabilities” has become a rolling regional bombardment that trades civilian neighborhoods and critical infrastructure for headlines about “resolve.” ​ On the balance sheet, the numbers are just as grotesque. Pentagon officials told lawmakers the war blew through at least $11.3 billion in the first six days, and that figure doesn’t even capture all operational costs. Banks like Citi and HSBC are shuttering Gulf offices after Iran’s Revolutionary Guards threatened U.S. and Israeli financial institutions, while shipping and insurance markets reprice risk across the region. Trump still talks about “unconditional surrender” as the only acceptable endgame, even as Iran keeps launching attacks and America’s own intelligence and oil agencies warn the damage to global supply and financial stability is already historic. ​ And then there are the images politicians won’t put on their slides: an elementary school in Minab turned into twisted rebar and dust after a U.S. Tomahawk, hundreds of fresh graves dug for children and teachers, and a president who tried to blame Iran for a strike his own military now says was the result of outdated targeting data. Call it what it is: a war that was supposed to prove strength, now staggering forward on auto‑pilot, financed by an oil shock and held together by denial. #iran#trump#oil#hormuz#israel#lebanon#banks#war 📱American Оbserver - Stay up to date on all important events 🇺🇸