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Iran Strike

Here are some new details and revelations about the Israeli strike in Iran:

1.The strike destroyed all of Iran’s strategic air defense capabilities. This includes all long-range surface-to-air missile batteries. Iran had two such models: the Russian S-300 and an advanced Iranian-made model. All batteries were destroyed, along with long-range detection radars. Essentially, Iran is now left only with short-range air defense batteries of local Iranian models.

2.The main damage to air defense batteries was in Tehran and western Iran. In Tehran, this means exposing and making the Iranian capital vulnerable, while in western Iran, this area is where Iran launched ballistic missile attacks on Israeli territory, providing operational efficiency for the future.

3.IDF assessment: Iran has lost its strategic air defense capabilities for the next two to three years. Russia cannot supply it with systems due to the war in Ukraine, and it will take Iran a long time to produce new systems of the Iranian model.

4.According to reports, Iran holds over 2,000 long-range ballistic missiles. The existing arsenal was not damaged—only the capability to produce new missiles (as reported, planetary mixers, etc.). This means that Iran will now operate on a limited munitions economy, as its current missile stockpile will not be able to grow in the near future (in the coming months or years).

5.Contrary to various reports, there was no damage to Iran’s drone array. (We need find out what was hit at the Shams Abad site)

6.More than 140 aircraft participated in the strike. Over 50% of the pilots and navigators involved were reservists.

7.The IDF anticipated that the Iranians might respond with an attack of 200 ballistic missiles during the strike, while the aircraft were still airborne. The Air Force was prepared with a continuity plan that would allow both defense against such an attack and the completion of all three strike waves without forfeiting any targets. Ultimately, the Iranians chose not to respond immediately. A senior security official commented: “Every moment that passes without a response indicates they are conducting damage control, thinking with their heads and not their hearts, and weighing their steps.”

8.Preparations for a potential Iranian attack: This time, the Americans are expected to play a more significant role in defense and interception, thanks to the THAAD battery stationed in Israel and three ships equipped with AEGIS defense systems capable of intercepting ballistic missiles, which were also involved in intercepting the attack in early October.

(Doron Kadosh)

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This is gross.

Speaking at the WEF, Savor CEO Kathleen Alexander boasts about how her company is "saving the planet" from the evils of agriculture by replacing real butters and oils with synthetic versions made from carbon dioxide and methane. 😳

"Savor is part of bringing transformation to the food system by re-imagining how we make an entire macronutrient—fats and oils."

"The result is that we can dramatically lower the planetary footprint of our food system."

"Our food system today uses about 50% of the habitable land on the planet. It's 20-30% of our greenhouse gas emissions."

"And we can reduce all of those by 50-100%."

Source

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Duh Markets

🌆 Market News Digest
[July 3, 2026 EST]

🔥 Top Stories
• Middle East risk flares — IDF hits Hezbollah sites in south Lebanon; Houthis threaten Saudi assets; France deploys naval/mine-countermeasure assets near Hormuz.
• U.S. oil market scrutiny — DOJ/FTC say they’re monitoring crude for price-fixing/collusion as Brent settles at $72.12/bbl.
• Trump pardons saga — Trump signs pardons for six and faces fresh scrutiny after NBC reported undisclosed stock purchases before tariff pause.

⛽ Oil & Energy
• Gulf crude exports topped 10M bpd in June but remain ~40% below pre-conflict levels; Fitch flags ongoing Iran/Mideast risk to corporates and oil forecasts.
• CMA CGM warns Hormuz transit charges would be “devastating”; Airbus says defense cooperation remains pressured.

📊 Markets & Macro
• Germany’s 2027 draft budget lifts borrowing to €203.7B and spending to €555.4B; euro equities firm with DAX +0.85%.
• ECB/BoE message: inflation still the focus, but Bailey says UK ...

Defeat

🇮🇷🏆🇺🇸 Iran Is a Bigger Defeat Than Vietnam | Foreign Policy

At his second inaugural, U.S. President Donald Trump pronounced his hope “that our recent presidential election will be remembered as the greatest and most consequential election in the history of our country.” By losing his Gulf war, Trump has achieved that goal. His choice to launch a campaign against Iran was encouraged by others, but fully his own. It has led to a reversal that marks a strategic calamity far greater than the U.S. defeat in the Vietnam War.

Defeat in the Iranian war looks, on the surface, nothing like other U.S. military defeats. The speed of the war and its remoteness have lent an air of unreality to the whole endeavor. The White House has not been burned, as it was in 1814; there have not been protests against a nonexistent draft. The absence of substantial U.S. casualties in this conflict also masks the scale of the U.S. defeat. To be sure, the war has been deadly: Thousands of Iranians, ...

The Path to War

According to The Wall Street Journal, Donald Trump reviewed military options for a full-scale war against Iran to “finish the job,” but has decided, for now, not to move forward.

The report says Trump is concerned that renewed military conflict could hurt the chances of a diplomatic resolution and of dismantling Iran’s nuclear program, and that he’s shown willingness to let indirect talks in Qatar run past the August 18 deadline. He is said to be fine with continuing limited strikes on Iranian targets if Tehran violates the current temporary deal - as it already has, repeatedly.

How are those negotiations going?

Not well. It seems JD Vance’s “historic” face-to-face achievement was a one-off. Washington has been quietly downgraded from talking to the Great Satan to negotiating with the Little Satan instead - a senior Qatari official confirmed that U.S. envoys Steve Witkoff and Jared Kushner met Qatari officials in Doha, but there are currently no high-level U.S.-Iran meetings ...

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