In case you missed it:
President Trump just effectively announced that the US will be putting boots on the ground to take Kharg Island in Iran in the near future.
Kharg Island, which is one-third the size of Manhattan and located in the Persian Gulf, controls ~90% of Iranian crude oil exports.
That's roughly 1.5 to 2.0 million barrels of crude oil exports per day.
Trump specifically says this would be a "Venezuela" style takeover, where the US would take complete control of Iran's oil and gas infrastructure.
If this happens, it would be the biggest escalation of the Iran War yet.
We expect to receive Iran's response shortly.
(@TheKobeissiLetter)
Japan's 10Y Bond Yield chart is something for the history books.
This is definitely not normal. https://t.co/YlD8kOFh3f
(@TheKobeissiLetter)
🇺🇸⚡️🇮🇷- Map of the US-Iranian missile/drone exchanges from August 30th- September 1st
🇺🇸❌🇮🇷- August 30th confirmed US impacts: Larak Island.
➡️September 1st confirmed US impacts: Bandar Abbas, Chabahar, Sirik, Konarak, Bandar-e-Jask, Kuhestak, and Qeshm Island.
➡️September 1st unconfirmed US impacts: Minab.
🇮🇷❌🇺🇸🇯🇴- August 30th confirmed Iranian impacts: A hanger at the Muwaffaq Al- Salti airbase in Jordan.
➡️August 30th unconfirmed Iranian impacts: The King Hussein airbase in Jordan.
➡️September 1st confirmed Iranian impacts: Aqaba (presumably Camp Titin) in Jordan.
🇮🇷❌🌞- Iranian drones have also struck the Erbil airport in Kurdish Iraq today on September 2nd.
@GeoPWatch
🇮🇱 🇺🇸 🇮🇷 The Jerusalem Post suggests Americans need “a federally administered debt-forgiveness enlistment program…” for the Iran war.
The CIA has now confirmed what the strike data was already reflecting. First, Iran's military capacity did not collapse. Second, air power resolved neither the institutional problem nor the negotiating problem. Third, the Pentagon still lacks the tools needed to end the war with the Islamic Republic.
Recruitment numbers are running below what a ground invasion of Iran would require. Estimates for a successful ground campaign against Iran's 31 provincial commands and its Mosaic Defense Doctrine run between 750 thousand and 1.5 million American troops. The current active US Army stands at roughly 452 thousand. The math does not work, obviously.
The average American aged 18 to 34 carries more than $40 thousand in non-mortgage debt across student loans, credit card balances, auto loans, and personal loans, with some estimates go as high...