We know what’s coming and we are prepared.
Biden Tells Allied Leaders ‘Ukraine Aid Cannot Be Interrupted Under Any Circumstances
President Joe Biden held a call with the leaders of several allied nations to stress that weapon shipments to Ukraine cannot end for any reason. Some members of NATO recently expressed an unwillingness or inability to provide further arms to Kiev.
National Security Council Spokesman John Kirby stated Biden spoke with the leaders of Canada, Italy, Japan, the UK, Poland, Romania, Germany, the European Commission, the European Council, and NATO on Tuesday. Kirby said the president expressed that “we cannot under any circumstances allow America’s support [for] Ukraine to be interrupted. Time is not our friend.”
Biden added that he was confident Congress would authorize an additional $24 billion in aid that the White House requested. While a majority of representatives in both houses continue to support aiding Ukraine, recent polling shows that 71% of Republicans, and 55% of Americans, do not want Congress to pass another multibillion-dollar bill to support Kiev.
Related Reading: 10/3/23 — Zelensky Requests Marina Abramovic To be Ambassador for Rebuilding Ukraine's Schools - What Did He Mean By This
"...What if Zelensky was sending Biden and Western Elites the message: “If you don’t keep sending money and weapons flowing to our oligarchy, we have dirt that can damage much of your oligarchy."..."
10/4/23 — Britain Has Run Out of Military Equipment to Give Ukraine
"The UK’s lack of arms for Ukraine is the latest sign that NATO support for the proxy war is fracturing. Poland recently declared it would no longer provide Ukraine with weapons over a grain spat, Slovakia elected a candidate who campaigned on ending military support for Ukraine, and Congress still has yet to authorize the additional $24 billion in spending on the war that President Biden is seeking."
9/25/23 — Polish PM Tells Zelensky to ‘Never Insult Poles Again’
9/20/23 — Poland No Longer Arming Ukraine: Polish PM
🔗Source: Libertarian Institute
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🇺🇸 #Oklahoma high school principal (Kirk Moore) seen charging at and disarming a school shooter.
The suspect, identified as 20-year-old Victor Hawkins, was a former student who said he wanted to shoot up the school “like the Columbine shooters did.” While taking down the shooter, Moore was shot in the leg. He is expected to recover.
When the Principal woke up that day, he never thought he would be tackling a gunman.
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🇨🇳🛢 How much strategic oil does the world actually have in reserve?
Global strategic crude oil inventories stood at ~2.5 BILLION barrels as of December 2025, according to the US Energy Information Administration.
China holds by far the largest stockpile at 1,397 million barrels, more than 3 times the US Strategic Petroleum Reserve of 413 million barrels, which itself sits at only 58% of its full storage capacity of 714 million barrels.
China added an average of 1.1 million barrels per day to its strategic inventories throughout 2025, with preliminary data suggesting it continued building stockpiles in early 2026 ahead of the Iran War.
Japan holds the 3rd-largest reserve at 263 million barrels, followed by OECD European countries at 179 million barrels.
Meanwhile, the US is releasing 172 million barrels from its Strategic Petroleum Reserve to suppress oil prices, part of a broader 400 million barrel coordinated release agreed by 32 IEA member nations in March.
🔗 ...
🛢 JP Morgan Warns Oil Market Out of Balance, Prices Must Rise
🔸The closure of the Strait of Hormuz, through which roughly 20% of the world’s oil flows, has removed 13.7 million barrels per day from global supply in April alone. A JP Morgan research note warns the market has no good way to replace it.
🔸Normally, spare production capacity in Saudi Arabia and the UAE acts as the market’s shock absorber. But that buffer has effectively been removed, eliminating the system’s first line of defense.
🔸With spare capacity unavailable, markets turned to inventories
➤ Global stockpiles are now being drained at ~7.1 mbd in April, an extraordinary pace, according to the note.
🔸Meanwhile, demand is collapsing because supply simply isn’t reaching users — “forced demand destruction.”The hardest hit sectors include:
▪️ Petrochemical plants across Asia are shutting down or slashing output as LPG, ethane, and naphtha flows from the Gulf collapse
▪️ Airline jet fuel ...
🛢⛽️ Global oil inventories are heading toward RECORD LOWS:
Global visible oil inventories have fallen -255 million barrels since the start of the conflict on February 27, to 7,864 million barrels.
Total estimated oil draws, including non-OECD refined products storage, have accelerated to 10.9 million barrels per day in April, the largest monthly draws on record since 2017.
Cumulative estimated draws since the start of the war now stand at 474 million barrels, with Hormuz flows holding at ~10% of normal, or 2.0 million barrels per day.
Meanwhile, even in an optimistic scenario where Strait of Hormuz flows begin recovering by late April, it is unlikely to prevent global visible inventories from reaching all-time lows, according to Goldman Sachs.
As inventories keep falling, physical oil markets are likely to require sharply higher prices for immediate delivery, since buyers cannot wait months for cheaper futures delivery when stocks are running critically low.
Goldman also warns...
