🇺🇸🇵🇭🇯🇵 About US military exercises with partner countries in the Pacific zone
Two weeks after the incident in the South China Sea, which prompted the Philippine government to distance itself from the Chinese Belt and Road Initiative, and with Joe Biden issuing a military threat to China, two large-scale exercises have commenced in the region.
🔻Yesterday, the Kamandag-7 exercise began on several Philippine islands and in the South China Sea, with the participation of American Marines, as well as military personnel from the Philippines, Japan, and the Republic of Korea. The primary objective is to test the joint combat capabilities of the navy and marines in the event of a regional escalation. Approximately 2,000 individuals and around 70 units of various equipment will take part in this event.
🔻Today, the Annualex-2023 exercise started off the east coast of Japan and will continue until November 20. It involves up to 6,000 people, 32 ships, and 35 aircraft from the US, Japanese, Australian, Canadian, and Philippine navies. This exercise is more comprehensive in terms of strength, with the involvement of an aircraft carrier strike group led by the Carl Vinson and the possibility of a flight of B-52H strategic bombers from Andersen Air Base on Guam.
🔻It is interesting to note that these simultaneous exercises near the border with China began immediately after the Chinese aircraft carrier group, led by the flagship Shandong, concluded its training in the Philippine Sea and sailed back to China through the Taiwan Strait with 16 warships. However, the US Armed Forces exercises are conducted annually, and there is no indication of any significant escalation. Nevertheless, the White House supports the narrative of the "Chinese threat," justifying the substantial costs of maintaining forces in the region while simultaneously demonstrating support for its allies.
You can find a high-resolution map and an English version here. #China #USA #Philippines #Japan @rybar
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🇮🇱 ❌ 🇮🇷 🛢 📈 — Deutsche Bank: Oil Prices will go to $125/barrel if the Iran-Israel conflict spills over into the Straight of Hormuz
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Developments in the Iran-Israel war. It is currently 1:11am in Tel Aviv and 1:42am in Tehran.
Main points:
Iran and Israel have started targeting each other’s energy infrastructure.
Iranian missiles continued to target and impact northern and central Israel.
Israel has started targeting Iranian oil infrastructure, including oil refineries and oil depots.
Israeli airstrikes continue to target various parts of Tehran and the surrounding areas.
Iranian air defence seems to finally be doing some damage to Israeli missiles and drones. In turn, Israel has deployed dozens of small quadcopters and loitering munitions to waste Iranian air defence and saturate for larger attacks with cruise missiles.
Drones launched from Iran and factions in Iraq continue to target northern and southern Israel.
Missiles & drones:
2 rockets were launched from the Khan Younis area of southern Gaza by an unknown Palestinian faction. Neither were intercepted, with the IDF claiming they hit an open area with no casualties.
2 rockets were ...
OIL MARKETS REACT SHARPLY TO ESCALATING MIDDLE EAST TENSIONS
📈 WTI CRUDE IS NOW FORECAST TO HIT $94.10 BY YEAR-END, UP OVER $21 IN A WEEK, ACCORDING TO KALSHI MARKETS.
THE JUMP FOLLOWS IRAN’S CANCELLATION OF NUCLEAR TALKS WITH THE U.S., CITING ISRAELI AIRSTRIKES. WITH TENSIONS RISING, MARKETS ARE PRICING IN THE RISK OF REGIONAL ESCALATION AND POTENTIAL DISRUPTION TO OIL FLOWS THROUGH THE STRAIT OF HORMUZ, A KEY ROUTE FOR 20% OF GLOBAL OIL.
ANALYSTS WARN THAT A FULL CLOSURE OF THE STRAIT COULD PUSH PRICES ABOVE $120–$150 PER BARREL. ...