We know what’s coming and we are prepared.
Israeli Troops Move Into Gaza City
Israel's military has pushed into Gaza City's center. This move comes amid its ongoing conflict with Hamas. Defense Minister Yoav Gallant confirmed this advance. He highlighted the coordination among different military branches.
Gaza City is crucial for Hamas's activity, according to Israel. The Israeli attack on October 7 targeted this area. The assault aimed to stop Hamas after they attacked Israeli areas. That attack caused around 1,400 deaths.
The Israeli army has attacked from the air and now on the ground. The ground assault began over ten days ago. The army is using tanks and other vehicles. These are to help soldiers on the ground. The focus is on Gaza City's northern region. Civilians have been told to leave the area.
The United Nations reports a severe humanitarian crisis in Gaza. There is a big need for food and medicine for two million people. Israel has let some aid come in from Egypt. Yet, the United Nations says it's not enough.
Israel faces international pressure to stop its military actions. The United States and Arab countries have urged a stop. However, Israel's operations continue. The Health Ministry in Gaza reports over 10,000 deaths.
The United States and the European Union see Hamas as a terrorist group. Iran supports Hamas with training and money. Hamas keeps firing rockets into Israel.
Israel plans to control key parts of Gaza City. This includes Al-Shifa Hospital. Itamar Yaar, a former security official, mentioned this. He says it's just a matter of time before Israel takes over.
Looking ahead, U.S. Secretary of State Antony Blinken spoke about Gaza's future. He said Hamas cannot stay in charge. He talked about this in Tokyo at a G7 meeting. He believes the Palestinian people should lead Gaza.
Blinken does not want Gaza's size reduced. Israel may create a buffer zone to keep its borders secure.
Israel's James Cleverly agrees with Blinken.
Source
🇺🇸 #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...
