https://www.abc.net.au/news/2026-07-15/oil-reserves-spent-imf-us-iran-war/106918074 In short: The global economy was spared from the worst of the biggest oil shock in 50 years because of large oil reserves, according to the International Monetary Fund. It says lower consumption in Asia and higher oil production outside of the Gulf helped absorb further price shocks. What’s next? Experts say global oil […]
Tag: Iran
This can’t be good. Everybody is bombing everybody I’m going to post a bunch of links and other information for readers to view/read for themselves Iran’s IRGC attacks on US military assets in Bahrain, Kuwait in ‘Operation Nasr 2’ Iran claims strikes on weapons depots in Bahrain, drones in Kuwait Iran’s Islamic Revolutionary Guard Corps […]
CFR So much for the Memorandum of Understanding (MOU), signed by Trump on June 18 at Versailles. It was essentially a lucrative deal for Iran to reopen the strait—the conduit for 20 percent of the world’s oil and gas. Trump pledged many billions of dollars in economic relief for Iran by lifting sanctions, unfreezing Iranian […]
Notice the use of the word “apparent”? Also notice it was Israel that tipped Trump off Israeli officials tipped off the Trump administration about an apparent Iranian plot to assassinate him as the war between the two countries continues, according to a report from The Wall Street Journal This Iran assassination fabrication/falsification has been going […]
Hello, world wide recession and inflation. Surely readers here know the US struck Iran overnight. With more to come. Did anyone really believe the US was legitimately going to ceasefire and work for peace? Kurdistan24 U.S. President Donald Trump said Wednesday that the United States is preparing for another round of military strikes against Iran, […]
While I get back into the swing of things.. I brought hubby home from hospital yesterday, we have a challenging time ahead of us. Israel was allegedly going to assassinate the Iranian negotiating team- But the US dissuaded them from doing so. If the US really did dissuade Israel from acting, why don’t they don’t […]
Sunday, June 21, 2026 11:00:06 AM Russians can now freely use Mir cards in Iran, following the completion of the final phase of integrating Russia’s Mir payment system with Iran’s Shetab network. Muhammad Abed Amiri, head of the Iran division at the BRICS Hub platform, confirmed the news to TASS on the sidelines of the […]
The so called peace deal was supposed to be signed virtually today. That was the first clue this deal was going nowhere. Trump is such a blowhard braggart he wouldn’t sign anything virtually… He needs a really big show and virtual signing just doesn’t provide that kind of show. Link Trump doubled down on his […]
Unclear is being kind.. Conflicting messaging continues to encircle the status and details of a prospective interim peace agreement between the US and Iran, but regional industry sources tell Energy Intelligence that a deal may be more firmly grounded now than at any other time during the 3 1/2 month conflict. Unclear, Murky, Can Trump […]
Claimed he would, than called it off. I guess this is how he earned the moniker TACO? It’s anyone’s guess what he will do. One thing for sure about Trump is he never has a straight answer for anything. That’s a certainty Trump calls off fresh strikes hours after threatening to hit Iran ‘very hard’ […]