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Iran Vs Israel: What Happens Next Now That Shots Have Been Fired?

Iran Vs Israel: What Happens Next Now That Shots Have Been Fired? In October of 2023 in my article ‘It’s A Trap! The Wave Of Repercussions As The Middle East Fights “The Last War”’ I predicted that a multi-front war was about to develop between Israel and various Muslim nations including Lebanon and Iran. I noted: “Israel […]

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Oil Markets Were Unwise But Right in the Israel-Iran Crisis

Oil Markets Were Unwise But Right in the Israel-Iran Crisis The Middle East seemed to be on the brink of war last week and oil prices fell. Was the market wrong? Brent futures price closed at $90.45 per barrel on Friday, April 12 before Iran’s missile and drone attack on Israel (Figure 1). When markets […]

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Israel’s strike on Iran: Crisis shows how badly Iran and Israel understand each other

Israel’s strike on Iran: Crisis shows how badly Iran and Israel understand each other Reuters Israel says it will defend itself against Iran – but its allies want to avoid a wider Middle East war Israel’s attack on Iran was not the fierce response that US President Joe Biden and other western leaders had feared. […]

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Israeli Missiles Hit Iran, the Price of Oil Jumps 3 Percent

Israeli Missiles Hit Iran, the Price of Oil Jumps 3 Percent In a game of tit for tat, Israel strikes back at Iran for Iran’s missile launch against Israel. Iran’s attack on Israel was in response for Israel illegally striking an Iranian embassy in Syria. Israeli Missiles Hit Site in Iran The NPR reports Israel launches […]

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Almost Everything is About Oil in the Middle East

Almost Everything is About Oil in the Middle East Perhaps the most extraordinary part of Iran’s April 13 attack on Israel was that it was countered by a coalition that included Jordan, Saudi Arabia and the United Arab Emirates (UAE). It is also noteworthy that this was the first time that the United States engaged militarily in […]

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Iran on the Rise: Retaliation, “Important Military Targets”. Peter Koenig

Iran on the Rise: Retaliation, “Important Military Targets”. Peter Koenig The warning was on the wall. Ever since Israel attacked “out of the blue” on 1 April 2024 the Iranian Consulate in Damascus, Syria, killing 7, including two generals, an Iranian retaliation was to be expected.  The New York Times (NYT) reports “Iran mounted an […]

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Europe’s Metacrisis Just Got Worse

Europe’s Metacrisis Just Got Worse The latest conflict between Iran and Israel just made Europe’s already precarious energy and economic situation a lot worse. Many analysts and politicians are celebrating Europe’s resilience after losing its natural gas supply from Russia. “Two years on from Russia’s invasion of Ukraine, trade in energy products between Russia and […]

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A world war in waiting: After Iran’s attack, it’s almost here

A world war in waiting: After Iran’s attack, it’s almost here Nobody wants World War III — but it’s foolish to pretend we’re not at the edge of that abyss A barrage of rockets was launched by Lebanese group Hezbollah from southern Lebanon towards Galilee in northern Israel, on April 12, 2024 in Lebanon. (Photo […]

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Iran Threatens America’s Military Bases Across Middle East If US Supports Israeli Counterattack

Iran Threatens America’s Military Bases Across Middle East If US Supports Israeli Counterattack The Saturday evening fireworks show in the Middle East marked Tehran’s first full-scale military attack on Israel. Although largely unsuccessful, concerns mount that US military bases in the region might be targeted with ballistic missiles and suicide drones if the US supports an Israeli […]

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Biden Tells Bibi: US Will Not Support A Counterattack Against Iran After Hundreds Of Drones, Missiles Sent

Biden Tells Bibi: US Will Not Support A Counterattack Against Iran After Hundreds Of Drones, Missiles Sent SATURDAY, APR 13, 2024 – 11:59 PM Update(Midnight ET): It is just after 7am Israel local time and Israel’s military is reporting the Iranian attack has stopped, several hours after Iran said its ‘limited’ operation has “concluded” – which […]

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Middle East Crisis: Container Ship Hijacked Near Strait Of Hormuz Amid Soaring Iran Tensions

Middle East Crisis: Container Ship Hijacked Near Strait Of Hormuz Amid Soaring Iran Tensions While Israel on Friday braced for cruise missile and suicide drone attacks, there are new reports on Saturday morning that Iranian commandos hijacked an Israeli-affiliated container ship heading towards the Strait of Hormuz. AP News says the British military’s United Kingdom Maritime Trade […]

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Iran Says If US ‘Interferes’ In Retaliation On Israel, American Bases Will Be Struck

Iran Says If US ‘Interferes’ In Retaliation On Israel, American Bases Will Be Struck Update(1317ET): Israeli hospitals have been put on a high state of alert by the home command, awaiting an ‘imminent’ Iranian retaliation attack. Iran has also reportedly put the United States on notice… Three U.S. Officials told Axios : Iran has sent a […]

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Iran Blames UN Security Council ‘Inaction’ For What Comes Next

Iran Blames UN Security Council ‘Inaction’ For What Comes Next We previously reported that Iran now considers Israel’s embassies and diplomatic sites abroad as essentially fair game in the wake of Israel’s April 1st airstrikes on Iran’s embassy in Damascus, which killed two high-ranking IRGC generals and at least five others. An analyst from the Middle East Institute, […]

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Crude, Food Prices Jump As Looming Israel-Iran Conflict Spark 1970s Oil Shock Fears

Crude, Food Prices Jump As Looming Israel-Iran Conflict Spark 1970s Oil Shock Fears Larry MacDonald of The Bear Traps Report penned a very informative note last month that outlined, “2023-2024 look a lot like 1973-1974.” He said, “We’re one event away from a 1970s-style stagflation explosion…” History books remind us that the 1973 oil embargo shook the global […]

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Israel Warns Iran Of Massive Regional War If Directly Attacked

Israel Warns Iran Of Massive Regional War If Directly Attacked Update(1831ET): With Israel’s embassies around the world on a heightened state of alert, and extra IDF reservists called up, and home and weekend leave for all combat troops having been abruptly canceled Thursday, the Israeli population is anxiously awaiting a response – with some reports saying residents […]

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