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"In his first public remarks as Iran’s supreme leader, Ayatollah Mojtaba Khamenei called for national unity and said that all US bases in the region should close or face attacks.
The strait of Hormuz will remain closed in order to pressure Iran’s enemies, Khamenei said."
~ The Guardian
#Trump #Iran #war #economy #oil #gas #StraitOfHormuz #Khamenei
/16
"Military analysts say reopening the Strait of Hormuz could require a ground operation to seize Iran’s coastline along the strategic waterway, a move that would significantly escalate the conflict and could lead to higher casualties for U.S. and allied forces, according to the Wall Street Journal."
~ Aaron Parnas
"It feels to me, however, that much of the media is preoccupied with how many things the US blows up on any given day and is less focused on the intricate, interconnected, downstream effects of the war. Trump proudly boasted on Wednesday that the US is self-sufficient in oil production. That’s great, but if Taiwan can’t make chips to run our computers, TVs, cars, and precision-guided missiles, having a lot of oil may be irrelevant."
"The media continues to focus on the disruption to oil supplies, but a bigger crisis may be looming in the liquefied natural gas (LNG) market. For technical reasons, it is difficult to stockpile LNG. For example, Taiwan is heavily dependent on LNG to produce semiconductors; LNG accounts for about 50% of Taiwan’s energy generation. Taiwan has a 100-day oil reserve but only an 11-day LNG supply."
~ Robrt Hubbell
"And yet – you guessed it – Donald Trump is going to keep doing it anyway, even in the face of mounting casualties on all sides of the conflict, the world economy on the brink, and gas and fertilizer prices surging, and increasingly disastrous poll numbers at home for this president."
#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/12
"In recent days, two Trump advisers and two other sources briefed on the situation tell me, US officials have delivered another dire warning to our batshit crazy president: They’ve informed Trump and his lieutenants that, based on American intel, the Iranian regime at this time isn’t breaking, isn’t ready to fold on the war or stop retaliating," (continued in /11)
#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/10
"In the run-up to launching this regional bloodbath, Trump’s advisers 'fully briefed and prepped' him on how Iran’s government would likely respond by acting to explode oil prices – and damage the markets and our economy – if he went ahead with the war. Trump privately downplayed those warnings. Then he did it anyway."
~ Asawin Suebsaeng
#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/9
zeteo.com/p/us-intel-trump-ira…
First Draft – 💥 US Intel to Trump: Iran Isn’t Breaking
The president claims we’ve already ‘won’ in Iran, as his officials tell him we most definitely haven’t; Ohioans protest Trump; and a former ICE lawyer (!) wants to replace Rep. Ilhan Omar in Congress.Asawin Suebsaeng (Zeteo)
"I suspect that Trump may realize deep down that his exercise in epic fury is nuts."
~ William Kristol
#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/8
thebulwark.com/p/sing-goddess-…
Sing, Goddess, of the Fury of Trump!
The wartime president is focused on footwear.William Kristol (The Bulwark)
"He governs the country by a kind of manic coaxing which is at war with short-term memory and thrives on the ability to keep as many people fixated on the super dramatic crisis of the moment without remembering that it was preceded by an endless litany of other crises with similar branding."
~ Josh Marshall
#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/7
talkingpointsmemo.com/edblog/b…
Borderline Personality Trump and the Uses of Press Myopia
Every president wants favorable press coverage. Most feel a surprising level of grievance when they don’t get it. Donald Trump is singular in using the powers…Josh Marshall (TPM - Talking Points Memo)
"Observers have spent two weeks trying to discern the 'aims' of Trump’s war on Iran, and therefore what might constitute a victory or defeat. His every bizarre utterance about his war 'plans' — including wildly conflicting declarations that Iran has surrendered and the war must be expanded to defeat the regime — immediately move markets."
~ David R. Lurie
#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/5
publicnotice.co/p/trump-excurs…
Trump’s military excursion, into an abyss
The evident fact is that the president is nuts.David R. Lurie (Public Notice)
"If the road to Tehran required the sons and daughters of the billionaire & political class to march beside everyone else’s kids, would we still be there?"
~ Thom Hartmann
#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/4
hartmannreport.com/p/what-if-e…
What If Every Billionaire's and Senator’s Kid Could Be Sent to Fight in Iran?
If the road to Tehran required the sons and daughters of the billionaire & political class to march beside everyone else’s kids, would we still be there?Thom Hartmann (The Hartmann Report)
"In a puzzling social media post on Thursday, Trump wrote, 'The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money.” Who is the “we?” Yes, he and his billionaire buddies are making out like bandits, but most of the world will suffer mightily.
Here we are, nearly two weeks in, and what Americans know about this war comes down to this:"
#Trump #Iran #war #oil #gas #economy #prices #affordability
/29
"While the White House doesn’t seem to have a coherent plan to fight this war, or how to end it, Iran does: inflict economic, political, and military pain until Trump utters 'uncle.' They are doing a good job of it so far.
The Americans and Israelis continue to bomb Iran with no articulated endgame."
~ Dan Rather
"Trump posted on Truth Social today that Americans shouldn’t be concerned about high gas prices: 'The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money.'
… The multi-national oil companies operating in the US make a lot of money. The average American gets screwed. Which pretty much sums up Trump and the Republican Party’s approach to the economy."
~ Ron Filipkowski
#Trump #Iran #war #oil #gas
/27
meidasplus.com/p/today-in-poli…
Today in Politics, Bulletin 326. 3/12/26
… Trump posted on Truth Social today that Americans shouldn’t be concerned about high gas prices: “The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money.”Ron Filipkowski (Meidas+)
"Did he threaten an investigation? Did he ask how much responsibility Russia is ready to bear? Did he tell Putin there would be future consequences? Did Trump, you know, stand up to the man who’s helping kill his own people?
Another commander-in-chief would have. With Trump, however, there’s a sense he’s not responsible. When troops die, he seems unmoved by their sacrifice."
#Trump #Putin #Iran #Russia #war #oil #gas #StraitofHormuz
/25
"Around a quarter of the world’s oil passes through the strait. Iran’s new leader vowed to keep it shut. Oil prices are soaring.
With prices soaring, the Russians have taken in $7 billion in oil revenues in the last week and stand to take in more. …
When Trump talked to Putin on Monday, did he ask if intelligence or drones given by Russia to Iran led directly to any of those seven deaths [of US soldiers]?"
#Trump #Putin #Iran #Russia #war #oil #gas #StraitofHormuz
/24
"In addition to helping the Iranians kill American military personnel (seven have died and 140 have been injured since the start of the war, per the AP), the Russians are helping the Iranians choke off the global supply of oil at the Persian Gulf’s Strait of Hormuz.
The Iranians attacked three tankers Wednesday. They attacked three more today. They attacked a port in Oman. They forced ports in Iraq to close."
#Trump #Putin #Iran #Russia #war #oil #gas #StraitofHormuz
/23
"The Russians are now helping the Iranians in their war for survival against the United States, first by providing 'targeting information,' according to the Post, and second by providing 'specific advice on drone tactics,' according to CNN."
~ John Stoehr
#Trump #Putin #Iran #Russia #war #oil #gas #StraitofHormuz
/22
editorialboard.com/while-putin…
While Putin helps Iran kill Americans, Trump shrugs
The material outcome of their chumminess is no longer theoretical.John Stoehr (Editorial Board)
"Iran dramatically escalated its strategy of striking civilian infrastructure and transport networks across the Gulf on Wednesday, attacking commercial ships and targeting Dubai’s international airport as US and Israeli warplanes launched new waves of strikes."
~ Clea Skopeliti
#Trump #Iran #war #oil #gas #StraitofHormuz #Dubai #Israel
/13
theguardian.com/us-news/2026/m…
First Thing: Iran escalates attacks on infrastructure and transport networks across the Gulf
Oil prices again rise over $100 a barrel as Iran threatens long ‘war of attrition’. Plus, San Francisco slashes air pollutionClea Skopeliti (The Guardian)
"As we keep pointing out, if the US and the rest of the world had actually taken the threat of climate change seriously for the past three decades and sharply ramped up clean energy production, we’d all be less subject to sudden interruptions of oil supplies by now."
~ Marty Kelley
#Trump #Iran #war #oil #gas #StraitofHormuz
/12
wonkette.com/p/maybe-trump-bom…
Maybe Trump Bombed Some Schools, But At Least Gas Prices Are Going Higher And Higher
It's a Dire situation in the Strait, and we're spending all this Money for Nothing.Doktor Zoom (Wonkette)
"Racing to respond to the utterly predictable impact of its Iran attack on global oil prices, President Trump made the impromptu policy announcement that the U.S. government would backstop insurers shipping through the Strait of Hormuz, but as the WSJ reports, the administration had little idea what it was proposing:"
~ David Kurtz
#Trump #Iran #war #oil #gas #StraitofHormuz #prices #economy #affordability
/10
morningmemo.talkingpointsmemo.…
Of Course It Did: Trump Tantrum Led to Reversal on Law Firm Appeals
INSIDE: Pam Bondi ... Karoline Leavitt ... Pete HegsethDavid Kurtz (Morning Memo)
"He framed the surge as a positive development while insisting the war is necessary to stop Iran from acquiring nuclear weapons. For Americans paying more at the pump, that message is likely to land very differently. But good for Trump’s wealthy oil baron friends, I guess."
#Trump #Iran #war #oil #gas #StraitofHormuz #prices #economy #affordability
/9
"Instead of expressing concern about rising costs for Americans, Donald Trump posted on Truth Social celebrating the price spikes. In his message, Trump argued that higher oil prices are good because the United States is the largest oil producer in the world and therefore 'makes a lot of money' when prices rise."
~ Ben Meiselas
#Trump #Iran #war #oil #gas #StraitofHormuz #prices #economy #affordability
/8
meidasplus.com/p/thursday-afte…
Thursday Afternoon Updates: Trump Celebrates Higher Oil Prices as Iran War Spirals — 3/12/26
It’s Thursday afternoon, and as we head toward the end of the week, there is a lot happening around the world that you need to know about.Ben Meiselas (Meidas+)
"He clearly thinks that is what will happen here—that he can just choose the moment where he wants to undo this and go back to the way it was. Leaving aside all the other reasons why that’s probably not possible—such as trust in the U.S., the Israelis might not be ready to stop—just assume all those problems are solvable. What you have now is the Strait of Hormuz has become militarized in a way that it wasn’t before."
"So basically this mess is like turning off the spigot that controls 20 percent of the world’s oil flow. ... This is one of those shocks that is going to be very hard to get back to any sort of status quo before the war. There’s also no end in sight. ...
Can we extricate ourselves? With the tariffs, he could say, '20 percent tariff today,' & then back off, leaving aside the illegality of doing that."
~ Elizabeth Saunders
#Trump #Iran #war #oil #gas #StraitofHormuz
/5
newrepublic.com/article/207666…
Trump’s Iran Blunders Suddenly Look Darker After Damning New Leaks Hit
As brutal revelations emerge about Trump’s handling of the war, a foreign policy expert explains why he won’t be able to extricate us from this debacle anytime soon—and provides a roadmap to what’s next.The New Republic
"If you want to understand how this country has degenerated to such a state, how we can be spending nearly $2 billion a day attacking Iran without a clear endgame in sight, while children go without healthcare, nursing homes are understaffed because their workers have been deported, home electricity bills skyrocket due to data centers, consider who benefits and who isn’t hurt."
#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/2
"It becomes clearer with each passing day that the people who took us to war with Iran had and have no idea what they’re doing — that they’re adolescents who think they’re playing video games while thousands die and the world careens toward economic crisis. The New York Times reports that Trump officials dismissed warnings that attacking Iran could disrupt world oil supplies."
~ Paul Krugman
#Trump #Iran #war #economy #EconomicElites #oligarchy #oil #gas
/1
paulkrugman.substack.com/p/the…
The Billionaires’ War
The ultrawealthy put Trump in power but other people will pay the pricePaul Krugman
"Trump wants to be done because the conflict is getting too messy, Gulf allies are certainly privately asking WTAF Trump’s plan is and more than anything else Trump is realizing that he is triggering what has been the most reliable presidency killer in American politics for more than half a century: spiking gas prices."