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⚔️Aleppo crisis: what’s going on in Syria? (Part 1 👉 Part 2)
The conflict in Syria has returned to the frontpages after years of media obliviousness due to a lightning jihadist offensive on the strategic city of Aleppo.
What happened there?
⚪️Militants from al-Qaeda-linked terrorist group Tahrir al-Sham* and the so-called ‘Syrian National Army’ began an offensive toward Aleppo on November 27.
⚪️The jihadists were able to stage their forces for the operation in Idlib – a terrorist-controlled province of northwestern Syria outside government control since 2015.
⚪️Militants advanced through villages west of Aleppo, capturing key settlements and reportedly cutting the M5 motorway linking Aleppo to Damascus.
⚪️The Syrian army launched air and artillery strikes in Idlib and Aleppo provinces, including the city of Idlib and towns like Ariha and Sarmada. Russian jets targeted terrorist positions in Atarib, Darat Izza, and Mare, while Kurdish-led Syrian Democratic Forces joined the defense of Aleppo.
⚪️Stikes reportedly killed two senior jihadist commanders.
⚪️Iran announced that Islamic Revolutionary Guard Corps Brig. Gen Kioumars Pourhashemi, an advisor to Syrian forces, had been killed on the first day of the terrorists’ assault.
⚪️Terrorist forces penetrated defenses in Aleppo proper on Friday, carrying out suicide bombing attacks, clashing with defenders, and reportedly occupying the city’s world-famous Citadel Saturday morning.
⚪️Syrian forces began a counterattack on Friday. The army reported the destruction of dozens of armored vehicles and the liquidation of hundreds of fighters in Idlib and Aleppo, including what it said were foreign mercs.
⚪️In a statement Saturday, the Syrian army acknowledged the advance of terrorists into “many areas of the city of Aleppo,” but said fighting was continuing to prevent them from gaining a foothold.
⚪️The army said “dozens” of Syrian servicemen had been killed or injured in the course of defensive operations against “thousands of foreign terrorists” armed with “heavy weapons and a large number of drones.”
👉 Part 2
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⚔️Aleppo crisis: what’s going on in Syria? (Part 2 👉 Part 1)
Why here, why now?
⚪️The terrorist offensive on Aleppo began the same day the ceasefire between Israel and Hezbollah in Lebanon entered into force, although the jihadists claim it was tied to recent Syrian strikes targeting terrorist commanders in Idlib – where a shaky Russia and Turkiye-mediated ceasefire had been in place since 2020.
⚪️Iranian Foreign Minister Abbas Araghchi assured his Syrian counterpart Bassam al-Sabbagh Friday that Iran would continue to support Damascus’ fight against the jihadists.
⚪️Araghchi characterized the resurgence of terrorism in northern Syria as a US-Israeli plot aimed at destabilizing West Asia after the IDF “failures” confronting Hezbollah in Lebanon. Veteran international affairs observer Seyed Mohammad Marandi echoed this sentiment in an interview with Sputnik.
⚪️The terrorist advance on Aleppo puts additional pressure on the Syrian government as it combats a long-term foreign-backed jihadist proxy war aimed at overthrowing President Assad, illegal US bases on Syrian soil in the country’s east and south, and a decades-old conflict with Israel.
👉 Part 1
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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...
