We know what’s coming and we are prepared.
Prime Minister Netanyahu at the beginning of the cabinet meeting:
I greatly appreciate the support of President Biden and the American administration for Israel. Since the beginning of the war, the US has given us support in spirit and material - with means of defense and means of attack.
But about four months ago, there was a dramatic drop in the supply of armaments arriving from the US to Israel. For weeks we asked our American friends to speed up the shipments. We did it time and time again. We did it at the highest levels, and at all levels, and I want to emphasize - we did it in private rooms. We got all kinds of explanations, but one thing we didn't get: the basic situation didn't change. Certain items arrived in trickles, but the great mass of armaments remained behind.*
After months of the lack of change in this situation, I decided to give it a public expression. I did this out of years of experience, and knowing that this step is essential to extracting the traffic jam. I expected that this would involve personal attacks against me from home and abroad, as happened when I opposed the nuclear deal with Iran, as happened and continues to happen when I repeatedly opposed the establishment of a Palestinian terrorist state, and as is happening now when I oppose ending the war while leaving Hamas intact. But I am ready to suffer personal attacks for the sake of Israel's security.
As Prime Minister of Israel, my role is to do everything to ensure that our heroic fighters have the best means of combat.
In light of what I have heard in the past day, I hope and believe that this issue will be resolved in the near future. But I would like to emphasize, and I have also said this to our American friends - We have one measure and it has always tipped the scales: the bravery and determination of our fighters - and with this weapon we We will win."
🛢 How Long Can Demand Destruction Keep a Lid on Oil Prices?
In a somewhat puzzling market development, oil prices haven't spiked yet to record highs amid the worst supply disruption in history.
That's because the market still hopes for a quick resolution to the Strait of Hormuz crisis (for more than three months now), global inventories have offered a supply buffer, the world's top crude importer, China, is staying away from spot purchases, and last but not least, demand destruction is accelerating amid the high prices.
The oversupply with which the market faced the beginning of the Iran war has helped to ease the upward pressure on oil prices as the conflict enters its fourth month. But global stocks, except in China, are being depleted at a record pace, suggesting that the buffer is stretching thin and the true magnitude of the supply loss will hit the market very soon.
Excluding China, which has accumulated large buffer stocks of more than 1.2 billion barrels over the past year, the rest of the ...
🇺🇸🚜🛢 Biggest Diesel Shock Since 2022 Deals Another Blow to US Farmers
While US farmers brace for higher fertilizer and chemical bills tied to turmoil in the Middle East, another expense is already taking a bite out of razor-thin margins: diesel fuel.
Prices for the fuel that powers tractors, combines and grain trucks have surged as the war in Iran disrupted global oil flows, catching many producers who expected lower energy costs this year off guard. In Illinois, the top US soybean-producing state, farm diesel averaged a record $5.41 a gallon at the start of May, nearly double the price a year earlier.
Current costs, which have moderated some in recent weeks amid prospects for a US-Iran peace deal, still rival levels last seen in 2022 after Russia’s invasion of Ukraine, adding a fresh burden for farmers already facing weak crop prices and mounting financial pressure.
Marty Richardson, who grows corn and soybeans and raises cattle in Missouri, experienced the sticker shock ...
Maryland’s Democrat Governor Just Signed a Law Banning the Most Popular Handgun in the United States
https://www.thegatewaypundit.com/2026/05/marylands-democrat-governor-just-signed-law-banning-most/
