Author Archives: Yves Smith

Iran War: Trump Issues 48 Hour Unhinged Ultimatum to Iran; Iran Vows Mass Destruction Countermeasures; Israel Takes Hit to Dimona Area, Other Blows After Second Firing on Iran Nuclear Reactor Site ; More Warnings of Deep Damage from Strait of Hormuz Closure, LNG Reduction Effects

Today’s Iran war update: Trump threatens action which will lead to Iran retaliation that will destroy the world economy. Will he proceed?

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Iran War: Leap Up Escalation Ladder with Israel//US Attack on Iran Gas Field, Nuclear Plant, Iran Retaliation on Qatar Gas Facilities, Other Energy Infrastructure Across Region; MSM Initial Under-Reporting Not Blunting Surge in UK, EU Gas Prices;

Iran war news: The Middle East burns thanks to epically stupid Israeli attacks on Iran’s energy assets, which produced a fierce response

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Iran War: Joe Kent Resignation Bombshell; US Deploys Bunker-Busters Near Strait of Hormuz; Iran Makes Retaliatory Strikes on Israel, Across Gulf for Ali Larijani Assassination; Real World Oil Prices Diverge from Paper Oil

Today’s Iran war update: attritional slugging continues as Joe Kent’s resignation shows MAGA doubts and the economic tsunami starts rolls in.

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