We know what’s coming and we are prepared.
📝 🛢 📈 Oil prices will rise to at least $140 per barrel by June if the Strait of Hormuz is not reopened by July, and will not return to pre-Iran War levels before 2028 even in a best-case scenario, predicts Goldman Sachs. It warns of price surges and major economic impacts.
The Iran War is predicted by Goldman to permanently add at least $9 to the cost of a barrel of oil – equivalent to an extra 20 cents per gallon for gasoline in the US, or 5 cents/pence per litre for petrol in the EU and UK. This is forecast to persist for years.
Goldman warns that the full economic impact is likely underappreciated given refined product shortages, record inventory draws, and the potential for non-linear price responses. It notes a record gap between crude and fuel prices, highlighting the likely economic pain.
It forecasts a large amount of demand destruction, particularly in the regions most exposed – the Middle East, South Korea, Japan, and Africa – but warns that even sharper demand losses could be required if the shock persists, which would imply deeper economic damage.
Markets have not yet caught up with this reality. As Trafigura Group Chief Economist Saad Rahim, has said, "The scale seems to be something where the market can’t actually get its head around it, so there is the real disconnect between perception and reality right now."
📎 ChrisO_wiki
Azerbaijan: This Turkish country has destroyed more Christian monuments than ISIS.
Based off satellite data, Azerbaijan erased 108 Armenian monasteries, churches and cemeteries - in just one region.
By comparison, ISIS destroyed dozens of churches.
How is this okay?
@NoAgendaLara
UPDATE: Outrage erupts as there has been a SURGE in Islamists ATTACKING and vandalizing Japanese shrines
Security footage shows people wearing HIJABS storming up and unleashing on the Soya Shrine in Hadano City
🇺🇸Join👉 @SGTnewsNetwork
📎 X (Twitter)▪️Truth Social
— Hypothetically, if the U.S. wanted to carry out a naval landing in Iran, they would do it somewhere outside the Persian Gulf, most likely Chabahar or somewhere else in the flat open coasts of Sistan-Balochistan Province.
That way, they don’t need to risk their ships entering the Persian Gulf under heavy anti-ship fire and incoming drones while trying to land their soldiers on a rugged coastline full of fortified positions and artillery emplacements.
In Chabahar, they could bring their ships close enough to the shore with relative safety, under heavy air cover. U.S. jets, drones, and attack helicopters would suppress any anti-ship batteries heavily, and create sufficiently safe conditions for the initial ‘landing’. One also cannot rule out the possibility of deploying U.S. airborne forces to secure key sites before an amphibious landing is attempted.
This might be coupled with increased Balochi terrorist activity across the Iranian rear lines, complicating logistics and the transfer of ...
