Chris Cyr
10.9K posts


.@RoyalMarines Ground-Based Air Defence (GBAD) unit deployed on Cyprus. They are equipped with a triple Martlet Missile launcher, a standard aiming unit and the JIM COMPACT visual sight.

This morning, I’ll be giving an update on how we are supporting you with the cost of living through the conflict in the Middle East. Watch live.







Ok this is interesting. Usual caveats apply. First as we discussed in the space, the fire DID spread outside the confines of the laundry, which means containment (stopping spread by radiation/ convection/ conduction) failed badly /1

The U.S. is running Elon's playbook on LNG: Build it before the world knows it needs it. A decade ago, American LNG exports were near zero. Today the US is the world's largest exporter at 15 billion cubic feet per day with eight new terminals under construction. Capacity doubles to 29 billion cubic feet per day by 2029. Total capital committed: $150 billion. The contracts are 20-year take-or-pay, denominated in USD. During COVID, buyers cancelled every cargo they could. They still paid billions in fixed fees. Then Iran closed the Strait of Hormuz. Qatar, 20% of global LNG supply, went offline. Vessel transits dropped from 129 per day to 4. Europe needed a replacement. BUT the contracts were already signed. US share of European LNG: 27% in 2021, 56% today. Germany went from zero LNG imports to sourcing 94% from America. Japan is locked through 2050. American LNG is a 20-year legal obligation with no exit clause.





BESSENT: SEEING MORE AND MORE SHIPS GO THROUGH HORMUZ







