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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 Operations initially reported the hijacking of Portuguese-flagged MSC Aries, a container ship linked to London-based Zodiac Maritime. Israeli billionaire Eyal Ofer controls the international ship management company that owns and charters large vessels.

Video of the boarding has been circulating X for the past hour. However, “AP could not immediately verify the video, it corresponded to known details of the boarding, and the helicopter involved appeared to be one used by Iran’s paramilitary Revolutionary Guard, which has carried out other ship raids in the past,” the media outlet said.

According to Bloomberg data, MSC Aries was leaving a port from Dubai on Thursday and heading towards the Strait of Hormuz. The vessel’s last known position was recorded around 1256 local time on Friday off Dubai’s coast. AP noted that the ship’s transponder had been switched off.

X user Megatron called the ship’s seizure by Iran a “big game changer”:

This once again is confirming that the UAE, Saudi Arabia, Jordan and Qatar are helping Israel bypass the Houthi blockade by land route from the UAE port.

Iran is now cutting that route as well. 

If Hezbollah cut the Mediterranean route with its drones, Israel could fall into a complete trade blockade.

The incident in the Strait of Hormuz is very concerning since maritime chokepoints in the region are plagued with conflict. Off of Yemen, in the Bab-El Mandeb Strait, Iran-backed Houthis have unleashed multi-month drone and missile attacks against US, UK, and Israeli vessels.

…click on the above link to read the rest of the article…

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 message to the U.S. through several Arab countries, that if they interfere in Iran’s response against Israel, U.S. bases in the region will be struck.

Meanwhile, Russia just chose quite the wrong moment to conduct a test-firing of an intercontinental ballistic missile from its Kapustin Yar airbase in southern Russia. The rocket was reportedly seen soaring high in the atmosphere from parts of northern Iraq and Iran, triggering concerns it was Iran beginning its attack.

Below are some breaking headlines:

  • ALERT US sends reinforcements to Middle East amid fears of Iran attack: official
  • A large number of Iron Dome missiles were launched in the Upper Galilee after a salvo of 50 missiles was launched from Lebanon
  • Israel’s Channel 12 reports Home Front Command has sent hospitals a message in the last hour asking hospital managers to ensure staff availability.
  • The White House has Confirmed a change in U.S. Force and Alert Posture across the Middle East, but has Refused to go into further details.

Hezbollah appears to have ramped up its missile salvos over northern Israel:

There are also new reports that the US Navy has parked an advanced missile ship just off Israel’s coast, readying to assist with a possible response.

* * *

Update(1116ET): At a moment US intelligence has indicated that Iran could strike Israeli soil in the next 24 to 48 hours, a top US general was spotted at an airbase in central Israel on Friday…

…click on the above link to read the rest of the article…

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, Jason Brodsky, observed last week that “There are reports Iran’s regime may be eyeing hitting an Israel diplomatic compound in a third country via drones & missiles. Israel maintains embassies in Bahrain; UAE; Jordan; Egypt; Azerbaijan; & Turkey. I would keep an eye on Jordan.”

Russia’s Foreign Ministry had underscored in reacting to the Israeli strike on the Iranian consular compound “the inviolability of which is guaranteed by the relevant Vienna Conventions, to be categorically unacceptable.” Indeed it was unprecedented for a nation’s military to intentionally attack another state’s sovereign embassy. Iran is outraged at the UN Security Council’s silence.

Image source: United Nations

Iran on Thursday is making noise over this at the UN Security Council in New York. Iran’s permanent mission to the UN has blasted the council for failing to condemn Israel’s “reprehensible act of aggression” on Iran’s diplomatic premises in Syria. Al Jazeera reports the Iranian ambassador’s fresh statement as follows:

It said in a statement on X that if the perpetrators had been brought to justice, “the imperative for Iran to punish this rogue regime [Israel] might have been obviated.”

Iran’s Supreme Leader Ali Khamenei and other top officials have promised retaliation for the attack on the consulate building that killed members of the Islamic Revolutionary Guard Corps, including two generals.

So Iran is now saying that in light of UN inaction, which has not so much resulted in verbal censure of Israeli actions, it will be ‘forced’ to respond militarily.

…click on the above link to read the rest of the article…

 

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 energy market.

We were reminded of MacDonald’s note because the global benchmark Brent is currently being subjected to a major repricing event of geopolitical risk as Israel makes preparations for a potential retaliation by Tehran after a precision strike in Syria earlier this week killed top Iranian commanders.

“The market now knows that some kind of retaliation from Iran will likely come, but it doesn’t know when and where and what, and that creates a great discomfort and nervousness,” Bjarne Schieldrop, chief commodities analyst at SEB AB, told Bloomberg.

On Thursday, UBS desk trader Alexander Gray outlined several bullish factors into Brent’s surge that has the benchmark around $91/bbl handle:

  1. Rally / buying right into the 14:30 New York energy close – suggests heavy index fund prepositioning ahead of GSCI roll onset tomorrow where energy will be weighted in the index
  2. Geopolitics – reports of potential attacks within Iran and also potential retaliation toward Israel following Monday’s airstrikes.
  3. Bullish consensus and flow – a number of Street strategists have been out today talking about upside risk toward the $95-100 range in crude. Meanwhile, flows here have skewed toward upside buying in the options space
  4. Technicals – Front-month WTI crude oil just completed a ‘golden cross’ technical formation with the 50- and 200-day moving average crossover. The front month is aimed at $88.58 above; $91.08 is key as the 76.4% Fibonacci retracement level in Brent… which is precisely where Brent is trading at this moment..

…click on the above link to read the rest of the article…

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 are already seeking the safety of bomb shelters.

Tehran has vowed that vengeance is coming soon for the Monday Israeli airstrike on its embassy in Damascus. Most pundits believe this will take the form of ballistic missiles raining down on Israeli cities. But Israeli leader Benjamin Netanyahu is reportedly vowing that if the Islamic Republic launches missiles from its soil it will ensure “a strong response” from Israel.

Israeli officials have told Axios late in the day that such an act would “take the current conflict to another level” — which most certainly would involve a direct Israel-Iran war and thus the eruption of a broader regional conflict. Axios adds the following observations:

  • Iranian proxies in Lebanon, Syria, Iraq and Gaza have attacked Israel but there hasn’t been an attack from Iranian soil.
  • A direct Iranian strike on Israel would be unprecedented and could lead to a regional war in the Middle East.

Netanyahu informed his security cabinet Thursday that Israel’s forces have already been engaged with Iran “both directly and via its proxies, and therefore Israel is operating against Iran and its proxies, both defensively and offensively.”

A statement issued by the prime minister’s office laid out: “We will know how to defend ourselves and will operate according to the basic principle of whoever is harming or planning to harm us — we will harm him.” The White House has meanwhile issued a statement shortly after Biden and Netanyahu discussed the Gaza crisis, saying “President Biden made clear that the United States strongly supports Israel in the face of those [Iranian] threats.”

…click on the above link to read the rest…

Israel just raised the risk of a regional war

Israel just raised the risk of a regional war

And US troops may suffer the consequences.

Iranian protesters burn US flags during a protest gathering to condemn the Israeli airstrike against the Iranian consulate in Syria, at Palestine Square in Tehran, Iran, on April 1, 2024.
 Morteza Nikoubazl/NurPhoto via Getty Images
Joshua Keating is a senior correspondent at Vox covering foreign policy and world news with a focus on the future of international conflict. He is the author of the 2018 book, Invisible Countries: Journeys to the Edge of Nationhood, an exploration of border conflicts, unrecognized countries, and changes to the world map.

Even as the fighting has raged in Gaza, a question has hung over the war: Would it escalate into a wider regional conflict involving Iran, its various proxy groups, and perhaps even the US military?

Nearly six months after October 7, it’s a mixed picture. The Iran-backed Houthi rebels in Yemen have played a much larger role in the conflict than most observers expected, up to the point of meaningfully disrupting international shipping. But early fears that a full-scale war with Lebanon-based Hezbollah would break out on Israel’s “northern front” or that the Iranian government itself would get directly involved haven’t materialized.

Nonetheless, Monday marked a major step up the escalatory ladder. Warplanes, presumably Israeli, carried out an airstrike in Damascus, Syria, which killed a senior Iranian general, Mohammad Reza Zahedi, who was deeply involved in his government’s activities in Syria and Lebanon. He is the highest-ranking Iranian military officer killed by enemy fire since Gen. Qassem Soleimani was killed by a US drone strike in 2020.

Per its general practice with strikes in Syria, Israel has not officially acknowledged the attack, but four Israeli officials, speaking anonymously, confirmed their involvement to the New York Times…

…click on the above link to read the rest of the article…

Dominoes Falling As Biden Admin Deals With Twin Energy Crisis In Russia, Middle East 

Dominoes Falling As Biden Admin Deals With Twin Energy Crisis In Russia, Middle East 

A twin crisis is unfolding for the Biden administration as the US tax-payer-funded Ukrainian military bombs key crude refineries deep within Russian territory with suicide drones. The administration has pleaded with the Ukranians to halt strikes on Russian energy infrastructure as this will only contribute to tightening global supplies and push energy prices higher, as well as inflation in the US, hurting Biden’s re-election odds.

Now for the other crisis that’s unfolding in the Middle East: US Vice President Kamala Harris told ABC’s “This Week” that a major attack on the Gazan city of Rafah, where more than a million Palestinians have sought refuge, “would be a huge mistake.”

“We have been clear in multiple conversations and in every way that any major military operation in Rafah would be a huge mistake,” Harris said.

She added: “I have studied the maps – there’s nowhere for those folks to go. And we’re looking at about a million and a half people in Rafah who are there because they were told to go there.”

Harris was asked whether there would be “consequences” from the US on an Israeli counteroffensive in Rafah. She responded, “I am ruling out nothing.”

This comes as The Jerusalem Post said Israeli Prime Minister Benjamin Netanyahu and other senior officials say an operation into the southern Gazan city is “imminent.”

Bloomberg quoted Israeli intelligence that estimate about 5,000 to 8,000 Hamas fighters are in Rafah.

As we’ve explained before, in the note titled Terrified” Joe Biden Demands Ukraine Halt Strikes On Russian Refiners As It Is Sending Oil Prices Surging,” Biden’s foreign policy has been and always been about crude markets.

…click on the above link to read the rest…

Israel Making Preparations To Launch Invasion Of Southern Lebanon

Israel Making Preparations To Launch Invasion Of Southern Lebanon

Israel has continued signaling that it is preparing to launch a major new operation against Hezbollah in southern Lebanon following months of tit-for-tat escalation. Some 80,000 Israeli residents whose homes are near the border have remained evacuated since October and November, and are essentially internally displaced. Because of this, pressure has mounted on Israeli leaders to do something that would allow their return, and ensure the security of Israel’s north.

Israeli media, particularly YNet News reported on Sunday that the Israel Defense Forces (IDF) is preparing “contingency plans” for a wide-scale attack on Lebanon. Israeli Army Northern Command head Major General Ori Gordin in a meeting with settler leaders from northern Israel stated, “We are preparing contingency plans to launch an attack in Lebanon. Our commitment, mine, is to change the security situation so that the residents can be returned home.”

Via AFP

YNet further unveiled plans to initiate the army’s “Operation Steady Anchor” which aims to protect civilians during the expected escalation in fighting. Hezbollah is widely estimated to possess over 150,000 rockets – some of which can likely reach Haifa and Tel Aviv.

The operation involves setting up dozens of mass shelters utilizing fortified abandoned buildings and underground parking garages. This is to protect civilians in the instance of a mass Hezbollah rocket barrage. The shelters will be equipped to allow families to take refuge anywhere from a few hours to up to several days.

In another key sign of Tel Aviv’s war preparations, the IDF has been conducing a logistics supply drill focused on its northern bases and positions, and in preparation for a Lebanon offensive This has included practice runs delivering ammo, equipment, water, and fuel to simulated “maneuvering forces” operating in southern Lebanon.

…click on the above link to read the rest…

War Expands With Massive Israeli Airstrikes 60km Deep Into Lebanon

War Expands With Massive Israeli Airstrikes 60km Deep Into Lebanon

The Israel-Hezbollah war is expanding, which was on display Monday as Israel for the first time struck near a large city which is deep inside Lebanon, far away from the border, in the region of Ghaziyeh.

Israel Defense Forces (IDF) Spokesman Rear Adm. Daniel Hagari has confirmed in a statement that military was behind large airstrikes that rocked a town just south of Sidon earlier in the day. Hagari the strikes targeted Hezbollah weapons depots, and also served as a response to an explosive-laden that struck northern Israel previously on Monday. Video captured the moment of the massive airstrikes:

Sidon is the third largest city in Lebanon, and the region that was attack lies at least 45-60 kilometers from the Israeli border. So far the tit-for-tat strikes which stretch back to early October, following the Hamas terror attack on southern Israel, have been confined to southern Lebanon. Fighting has by and large stayed to within kilometers of the border on either side.

“Israeli jets attacked near Sidon on Monday, Israeli media reported, citing the Hezbollah-affiliated Al-Akhbar newspaper,” regional media also confirms“The two strikes occurred in the region of Ghaziyeh some 60 km from Israel’s northern border.”

Videos of the strikes show a huge fireball erupt high into the air…

…click on the above link to read the rest…

Shipping faces lengthy disruptions as Middle East fallout worsens

Shipping faces lengthy disruptions as Middle East fallout worsens

Analysts see more upside for container shipping and tanker stocks

 The fire on the product tanker Marlin Luanda was extinguished on Saturday. (Photo: French Navy)

The Red Sea crisis — and the Middle East situation in general — is worsening. There’s growing conviction that shipping diversions around the Cape of Good Hope will increase in scope and last much longer than initially expected. That should be good news for shipping stocks over time, due to durably longer voyage distances.

The Houthis hit the JP Morgan-owned product tanker Marlin Luanda with a ballistic missile on Friday, setting a cargo tank on fire. The tanker was chartered by trading house Trafigura and loaded with Russian naphtha. The fire was extinguished on Saturday, with all crew safe.

On Sunday, a drone attack by an Iranian-backed militia killed three U.S. service members and injured at least 40 more at a U.S. military site in Jordan. The Biden administration has vowed to respond, raising the specter of a wider Middle East conflict.

“Red Sea diversions are on the rise as continued attacks on vessels in the region are prompting more shipping companies to avoid transiting the area,” said Jefferies shipping analyst Omar Nokta in a client note on Monday.

The vast majority of larger container ships already avoid the Red Sea, and detours are rapidly spreading to bulk commodity shipping.

Citing data from Clarksons, Nokta said that crude tanker transits of the region are now down 22% versus their 2023 average; at the beginning of this year, they were down 5% from last year’s average. Product tanker transits are down 51% versus 2023, after being down 29% versus last year’s average at the beginning of the year, with liquefied natural gas carrier transits down 87% (from 36%) and liquefied petroleum gas carrier transits down 62% (from 23%).

…click on the above link to read the rest…

‘Playground of choice’: Iran mobilises to drive US troops out of Iraq

The US has the cudgel of the American dollar to prevent its expulsion from Iraq, but will the Biden administration use it?

When Iraqi Prime Minister Mohammed al-Sudani arrived in New York City in September for the UN General Assembly, a delicate truce was in balance between the two foreign powers that loom over Baghdad.

Iraqi paramilitaries, backed by Iran, had frozen their attacks on US troops in the country. Iraq’s new leader arrived in New York City amid the lull. He was feted on a circuit of swanky receptions with western businessmen and diplomats on the sidelines of the General Assembly, as he pitched Iraq’s oil-rich but corruption-riddled economy as an investment destination.

Four months later, the Iraqi leader is condemning Iran and the US for launching deadly strikes in his country and his investment pitch to the global elite at Davos Switzerland is overshadowed by his call for the US military and its coalition partners to leave Iraq.

Since the Hamas-led attacks on 7 October and the war in Gaza, Iranian-backed militias have launched at least 70 attacks on US forces in Iraq.

In early January, the US hit back with its most powerful response yet, launching a drone strike in Baghdad that killed Mushtaq Taleb al-Saidi, also known as Abu Taqwa, a senior commander in the Popular Mobilisation Units, an umbrella organisation of Iraqi state-funded and Iran-aligned, Shia militias.

Baghdad hit out at the strike as “a violation of Iraq’s sovereignty”. But no sooner was Iraq chastising the US for the strike, when Iran launched a barrage of ballistic missiles into the Iraqi city of Erbil, killing four people, including a prominent Kurdish real estate developer and his one-year-old daughter.

…click on the above link to read the rest…

Iran Warns Against US ‘Adventurism’ After Parking Cruise Missile-Armed Warship In Red Sea

Iran Warns Against US ‘Adventurism’ After Parking Cruise Missile-Armed Warship In Red Sea

The Red Sea continues to grow busy with the presence of naval assets, as the West and its allies attempt to keep international shipping lanes open despite the threat of Houthi missiles and drones launched from Yemen. This has lately included nations such as Denmark, Pakistan and Sri Lanka sending military ships to regional waters as well.

US Secretary of State Antony Blinken while meeting with Arab leaders over the weekend before he arrived in Israel Monday evening said, “These attacks are having a real effect on the prices that people have to pay for food, for medicine, for energy. Ships have to get diverted to other places. Insurance rates go up.”

Maritime and industry analyst Sam Chambers has observed, “Over the weekend, the number of transits through the Suez Canal fell to the lowest since the waterway was blocked by the Ever Given containership in early 2021, according to Inchcape Shipping Services.”

Iranian warship Alborz, file image, Fars News Agency/AP

But amid the heavy presence Western coalition military ships, there is now an Iranian frigate parked in the Red Sea after its arrival starting nearly a week ago. “2024 was only a few hours old when Iran dispatched a warship, the frigate Alborz, to the Red Sea,” FP recently noted. “Its arrival was yet more bad news for shipping, already facing a crisis from the Iran-backed Houthi attacks on merchant vessels.”

Iran’s Foreign Ministry has issued a new statement warning Israel and America against ‘adventurism’ which will expand war in the region:

“Iran issues a stern warning against any US adventurism that could endanger regional peace,” Ambassador Amir Saeid Iravani said Tuesday in a letter directed to the US and its allies, a week after Iran’s Navy deployed a cruise missile-armed warship in the region.

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Bloodbaths Change the World – Part 2 – 9/11

Bloodbaths Change the World – Part 2 – 9/11

Before writing about Israel, an analysis of facts about 9/11 – a web of lies changed the world, enabled by abuse of emotions.

Introduction

Israel dominates the global media to an almost unseen extent. Only almost, because one event 22 years ago surpassed everything else in terms of media hype: 9/11. What both events have in common is that politicians and the media ruthlessly exploit people’s shock to achieve their goals or to generate clicks and thus rake in money. Most articles have one thing in common: they are based on emotions. We write about geopolitics. Geopolitical analyses must be based on facts. If the basis is emotionally charged, the analysis is worthless, regularly leads to false results and gives culprits and masterminds tools to work with, which they should not have under any circumstances.

In this second part of our series, we discuss this and more based on the most publicized terrorist attack of the 21st century.

In Part 1, we established that President Truman lied through the teeth not only to his own people but to the entire world by dropping the atomic bombs on Hiroshima and Nagasaki not as claimed to save hundreds of thousands of American soldiers’ lives, but to show the world and Stalin who would be the master of the house after World War 2.

“Fundamental constitutional rights, have no more value than a membership in a tennis club”

For this marketing stunt, Truman cold-bloodedly sacrificed 200,000 Japanese, most of them civilians. His own people were emotionally well prepared for this atrocity. Since the attack on Pearl Harbor in December 1941, the American government and the media poisoned the soul of the Americans with the most vicious racist propaganda. This hate speech against everything Japanese allowed the American state, among other things, to put hundreds of thousands of American citizens with Japanese roots into concentration camps: American citizens, mind you.

…click on the above link to read the rest…

Pentagon Confirms US Warship, Commercial Ships Under Attack In Red Sea

Pentagon Confirms US Warship, Commercial Ships Under Attack In Red Sea

Update (1409ET):

A reporter from the Israeli public broadcasting corporation shared on X that a spokesperson for the Israel Defense Forces reported a UK commercial ship was targeted in the Houthi attack.

*   *   *

Update (1305ET):

CNN’s Pentagon reporter Haley Britzky reports that the US Arleigh Burke-class destroyer Carney shot down two drones belonging to Yemen’s Iran-supported Houthi rebels.

The destroy then received a “distress call from the civilian commercial vessel M/V Unity Explorer, after the Carney saw at least one ballistic missile fired at the Unity Explorer & land in its vicinity.”

According to Bloomberg data, Unity Explorer is a bulk carrier and recently transited the Suez Canal. The ship’s last known position was last Tuesday, in the middle part of the Red Sea.

Houthi rebels have claimed responsibility for the attack.

*   *   *

In a significant development, AP News has reported that a US Arleigh Burke-class destroyer and two commercial vessels were targeted in the Red Sea. This incident is part of a growing trend of maritime attacks in the waters of the Middle East, which have been linked to the ongoing conflict between Israel and Hamas.

“We’re aware of reports regarding attacks on the USS Carney and commercial vessels in the Red Sea and will provide information as it becomes available,” the Pentagon said.

Speaking on condition of anonymity, a US official told AP that the attack was around Sanaa, Yemen, and said Carney, an Arleigh Burke-class destroyer, repelled at least one drone during the attack.

Despite no confirmation from the Pentagon on who exactly were the attackers, one might suspect Yemen’s Iran-supported Houthi rebels, who have frequently attacked ships in the Red Sea, could be responsible. The terror group has also launched drones and missiles at Israel.

Let’s remember the Red Sea is one of the world’s most heavily traveled commercial shipping lanes.

…click on the above link to read the rest…

Israel A ‘Nuclear Wildcard’ On ‘Dangerous Road To Armageddon’: Macgregor

Israel A ‘Nuclear Wildcard’ On ‘Dangerous Road To Armageddon’: Macgregor

Tucker Carlson sat down with Col. Douglas Macgregor (ret.), who laid out a disturbing scenario in which the United States could quickly be pulled into a direct conflict with Iran, Russia and China over Israel’s anticipated response to the October 7 Hamas attack.

Carlson starts off highlighting Lindsey Graham, who vowed; “…if Hezbollah, which is a proxy of Iran, launches a massive attack on Israel, I consider that a threat to the… state of Israel, existential in nature. I will introduce a resolution [in] the United States Senate to allow military action by the United States in conjunction with Israel to knock Iran out of the Oil Business…”

Carlson then asks: “So what would war with Iran mean? Well, it’s hard to know because virtually no one who’s talking about it in public is operating from a deep interest in America’s interest. Is this good for us, or is it not?

If, as Sen. Graham suggests, we start bombing critical infrastructure in Iran, Macgregor warns “the destruction would be wholesale” as Iran would target “all the bases we have in Iraq and Syria – with around 1000 Americans – would be targeted… and this time accurately.

According to Macgregor, “The chosen destination” if we continue on this path, “is Armageddon,” and the implications (of which nobody seems to be considering) for the United States, Europe, and the Middle East are grave. For example, “just on the economic side, about 20% of the world’s oil passes through the Straits of Hormuz every month – probably 25% of liquefied natural gas, and you’re talking about shutting down 2 to three million barrels a day of oil from Iran. 

“You know this entire region is involved in the war. This is not an Iranian Monopoly by any stretch of the imagination,” he continued.

…click on the above link to read the rest…

Olduvai IV: Courage
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Olduvai II: Exodus
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