By Tyler Derden – Zerohedge

Summary

  • Trump announces “productive” talks with Iran, “postpones” military strikes for 5 days
  • IRGC-linked media deny contact, Trad Govt-linked media yet to issue comment
  • Trump refutes Iran denials, says “speaking with a top person in Iran”
  • Israel is not seeing an imminent end to the war, and plans to continue operations while avoiding energy assets, an Israeli official said.
  • Market response: oil down, yields down, stocks up (but all off their kneejerk extremes)

Continue reading “Trump “Postpones” Military Strikes On Iran After “Productive” Talks; Says Hormuz To Be “Jointly Controlled””

By Tyler Derden – Zerohedge

The head of the International Energy Agency intensified his apocalyptic warning about the global energy crisis, stating early Monday that the US-Israel war with Iran has sparked a shock far greater than the twin oil crises of the 1970s and the turmoil from the war in Ukraine combined.

US-Israeli Operation Epic Fury has entered its fourth week, and emerging from the fog of war is the understanding that 44 energy assets across the Gulf region have been severely or very severely damaged by either U.S. and allied forces or by Iranian forces, according to IEA Executive Director Fatih Birol, who spoke at a media event in Australia on Monday. Continue reading “IEA Head Warns Iran War Sparked Energy Crisis Worse Than 1970s Oil Shocks, Ukraine Fallout”

By Emran Feroz – Drop Site News

Story by Fazelminallah Qazizai and Emran Feroz

KABUL—On Tuesday, lists of names were nailed to wooden boards outside the gates of the Omid rehabilitation center, some typed on A4 sheets and others handwritten. Their edges curled quickly in the damp air, blurred by rain and a crowd of men running their fingers down the pages again and again, whispering names under their breath, as if repetition might produce a different outcome. Continue reading “Afghans Search for Missing Family Members After Strike on Rehab Center Kills At Least 400”

By Tyler Derden – Zerohedge

Summary

  • Oil rises on news of a second massive Marine deployment toward Gulf in a week, as Trump calls NATO a ‘paper tiger’.
  • IRGC contradicts Bibi: says missile production is ongoing, is of “no concern” – even as IRGC spokesman Ali Mohammad Naeini is reported killed.
  • Energy war ongoing: Major sites damaged across the region – Haifa refinery hit, Qatar LNG output cut 17%, Kuwait facilities ablaze.
  • Kharg Island escalation looms: Trump admin weighing seizure of Kharg Island to reopen Hormuz; Thousands of Marines in route, reports of low US jet strafing runs over strait.
  • Signal of zero restraint from Ayatollah & FM: Iran sends warning if energy sites are hit again, leadership structure grows opaque; supreme leader says enemies will be denied security.

Continue reading “Oil Rises As Three More Warships, Thousands Of Marines Dispatched To Mideast; Trump Blasts ‘Paper Tiger’ NATO”