We know what’s coming and we are prepared.
🇺🇸🇮🇷🇮🇱 - WAR IN IRAN | APRIL 6th, DAY 38 RECAP:
🇺🇸🇮🇷 - Iran is seeking a permanent end to the war and will not accept a temporary ceasefire, demanding guarantees that it will not be attacked again. The final agreement is expected to include Iranian commitments not to pursue nuclear weapons in exchange for sanctions relief and the release of frozen assets, a source tells Reuters.
🇮🇷 - "Iran will allow ships to pass through the Strait of Hormuz in exchange for paying security fees. The security fees obtained will be used as war reparations. Several Indian, Pakistani, Turkish, and French ships have obtained transit permits for Hormuz," a senior Iranian official tells Al Jazeera.
🇺🇸🇮🇷 - "A senior American official told me that Iran submitted a 10-point response today to the proposal to end the war. The senior American official described the Iranian response as 'maximalist' and said that it is not clear if it will allow progress toward a diplomatic solution." — Barak Ravid, Israeli journalist for Axios.
🇮🇷🇮🇱 - Four IDF soldiers have been arrested by the Shin Bet on suspicion of spying for Iran.
🇮🇷🇷🇺🇮🇱 - Russian intelligence has provided Iran with a detailed list of 55 critical energy infrastructure targets within Israel, according to The Jerusalem Post, citing Ukrainian intelligence.
🇮🇷🇸🇦🇦🇪 - Iran continues strikes on Gulf states.
🇺🇸🇮🇷🇮🇱 - The US and Israel continue strikes on Iran, including Isfahan, Tehran, and parts of southern Iran.
🇮🇷 - Iran has sent a message to the entire region that, in the event of serious American attacks on Iranian energy infrastructure, the entire region will plunge into darkness.
🇮🇷🇮🇱 - Iranian missile hit success rates have increased from 3% during the first two weeks of the war to 27% now, according to the Institute for the Study of War and JP Morgan.
🇺🇸🇮🇷🇰🇼 - An Iranian drone attack on Ali Al Salem Air Base in Kuwait last night injured 15 Americans, according to CBS News.
🇮🇷🇸🇦 - Saudi Basic Industries Corporation (SABIC), the world’s fourth-largest petrochemical manufacturing company, was struck by Iranian missiles, locals told Rerum Novarum; this has now been confirmed.
🇮🇷🇮🇶 - Projectiles struck an oil refinery in Duhok, Iraqi Kurdistan.
🇺🇸🇮🇷 - Mahdi Mohammadi, strategic advisor to the Iranian Parliament speaker: "It is Trump who has about 20 hours to either surrender to Iran, or his allies will return to the Stone Age. We will not back down!"
Here's our recap from yesterday: https://x.com/officialrnintel/status/2040984226854531415?s=20
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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🔥 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 ...
🇮🇷🏆🇺🇸 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, ...
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 ...
