
Fellow Pleb
563 posts

Fellow Pleb
@Fellow_Pleb
Miner, farmer,student of macroeconomics









Bessent to @kwelkernbc: “In essence, we are jujitsuing the Iranians. We are using their own oil against them.”



Today, our team met with Steve Witkoff and Jared Kushner in the United States. This is important for the whole world: diplomacy continues, and we are working to end Russia’s war against Ukraine. No one wants this war. The teams will continue discussions tomorrow. The key issue is to understand how ready Russia is to move toward a real end to the war – honestly and with dignity – especially now, when geopolitical tensions have increased due to the situation around Iran. A more detailed report from our team will follow.


Trump just threatened to bomb all of Iran's power plants if Iran doesn't open the Straits within 48h. We know Iran will not comply with this threat. If Trump follows through on his threats, Tehran will likely strike at energy facilities throughout the Persian Gulf as well as in Israel. By now, it is really foolish to think it won't. An already bad situation will worsen with rising oil and gas prices, higher grocery costs in the US, and the closure of most remaining exit ramps. Escalation only intensifies the lose-lose scenario. Both sides need to get serious about off-ramps. Neither side should seek the humiliation of the other. Neither side can force the other's surrender. Both have to be able to construct a convincing narrative of victory for their own audiences. They may not realize it yet, but both the US and Iran ultimately have a common interest in such an exit.





















