Kylemander ๐ฆ
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@Bitmander
Hear that? It's the Global Money Printer on turbo. Critical thinking & leveraging socioeconomic networks is what makes us the intelligent life form. #Bitcoin
Iran reimposes blockade of the Strait of Hormuz, disables Saudi Arabiaโs oil pipeline to the Red Sea after Israel violates ceasefire.
BREAKING: Bloomberg and the FT just confirmed that a drone struck Saudi Arabiaโs East-West oil pipeline. A pumping station was hit. Damage is being assessed. No group has claimed responsibility. Iran explicitly threatened to target this pipeline before the ceasefire if the United States struck Iranian power plants. This is not just another attack. This is the elimination of the last geographic hedge in global energy. The East-West pipeline, also called the Petroline, carries up to seven million barrels per day of crude oil from Saudi Arabiaโs eastern Gulf fields to the Red Sea port of Yanbu. It was built for exactly this scenario: a Hormuz crisis. When the strait closes or becomes contested, Saudi Arabia can reroute its exports through 1,200 kilometres of desert pipeline to a port that bypasses the chokepoint entirely. It is the insurance policy that every energy model relies on when pricing Hormuz risk. The pipeline is why analysts say Hormuz closure is manageable. The pipeline is why Saudi Arabia can say it will not pay IRGC tolls and still export. That insurance policy just took a drone strike. The strait is now a yuan toll booth controlled by the IRGC, charging one dollar per barrel in cryptocurrency, with 15 to 20 ships passing per day instead of 138. The bypass pipeline that was supposed to provide the alternative just had a pumping station hit by a drone fired by the same proxy network that the ceasefire does not cover. There is no route through Hormuz without paying the IRGC in yuan. There is no route around Hormuz without risking drone attacks on the pipeline infrastructure. The geographic hedge is gone. Iran threatened this explicitly. Before the ceasefire, IRGC statements warned that Saudi energy infrastructure, including the East-West pipeline, would be targeted if the United States struck Iranian power plants. Trump threatened the power plants but ultimately paused before executing the strikes. The IRGC attacked the pipeline anyway. The threat was not conditional. It was a statement of capability, and the capability was demonstrated today. The molecule crisis now has no bypass. Iranian petrochemical capacity is rubble. Gulf petrochemical facilities are under active attack. The pipeline that was supposed to carry crude around the choke point is damaged. The strait that was supposed to reopen under the ceasefire charges yuan and operates at 11 percent of pre-war volume. And the fertiliser molecules that feed four billion people remain trapped behind a gate that only opens for oil molecules that fund the gatekeeper. This is the convergence that the market has not priced. Oil dropped 18 percent today on ceasefire euphoria. But the ceasefire did not stop 17 ballistic missiles and 35 drones at the UAE. It did not stop 100 Hezbollah targets being struck in Lebanon. It did not stop explosions at Sirri Island and Lavan refinery. It did not stop cluster munitions hitting Beersheba. And it did not stop a drone from reaching a pumping station on the one pipeline that was supposed to make the entire crisis survivable. When the bypass needs a bypass, the crisis is no longer about Hormuz. It is about geography itself. And geography has no ceasefire. open.substack.com/pub/shanakaansโฆ
Iran reimposes blockade of the Strait of Hormuz, disables Saudi Arabiaโs oil pipeline to the Red Sea after Israel violates ceasefire.
๐จ๐ฎ๐ท๐บ๐ธ๐ฎ๐ฑ U.S.-Israeli airstrikes on Military Industries in Iran's Isfahan Province @TabzLIVE
BREAKING: The White House now believes a deal with Iran is possible before the 8PM deadline tonight, per Axios. 24 hours ago the question was whether a deal could happen at all. Now the question is whether it can happen in time. Vance says he is confident Iran will respond before 8PM.
โ ๏ธ Stay away from Israeli AI centers because we will destroy them in response to attacks on our universities.
BREAKING: Iran has stopped all negotiation efforts with the United States, informing Pakistan that it would no longer engage in ceasefire talks, per three senior Iranian officials. Pakistan has been the indirect mediator between Washington and Tehran throughout the war. Earlier today a Pakistani security official said Pakistan would stand with Saudi Arabia under their mutual defence pact if the war escalates.
BREAKING: Trump tells Fox News in a phone call with Bret Baier: "8 p.m. is happening." Trump said he would not put odds on negotiations being successful and that he is moving forward with his plans. Baier added that Trump said "if we get to that point, there is going to be an attack like they have not seen." 8 hours until the deadline.
Update as of yesterday: Traffic through the Strait is still all but eliminated
