BREAKING: President Trump threatened to stop supplying weapons to Ukraine in order to pressure European allies militarily reopen the Strait of Hormuz, per FT.
Details include:
1. After Trump's request that NATO help reopen Hormuz was rejected Trump responded by threatening to stop supplies to PURL
2. PURL is NATO's weapons procurement initiative for Ukraine funded by European countries
3. As a result, a group of countries including France, Germany, and the UK issued a "hastily agreed statement" on March 19th
4. The statement said, "we express our readiness to contribute to appropriate efforts to ensure safe passage through the Strait of Hormuz"
The US-NATO relationship appears to be in bad shape.
BREAKING: President Trump is "strongly considering" withdrawing the US from NATO, per The Telegraph.
Details include:
1. Trump called NATO a "paper tiger" and said removing America from the defense treaty is now "beyond reconsideration"
2. The White House no longer regards Europe as a "reliable defense partner" after their rejection to help open the Strait of Hormuz
3. "Iran was a test, and we were there for them, and we would always have been there for them. They weren’t there for us," Trump said
4. Secretary of State Rubio called NATO a “one-way street”
Trump says "Putin knows" NATO is a "paper tiger."
@KobeissiLetter Trump might cease the hostilities, that does not imply the end of the war. What is annoying is that you know that, you call yourselves professionals, act accordingly.
BREAKING: President Trump is willing to end the Iran War even if the Strait of Hormuz remains closed, per WSJ.
Details include:
1. Trump and his aides assessed that a mission to reopen Hormuz would push the conflict beyond his timeline 4-6 weeks
2. Trump believes the US should achieve its main goals of destroying Iran’s navy and missile stockpiles
3. Trump thinks he can wind down current hostilities while pressuring Iran diplomatically to resume the "free flow of trade"
4. If that fails, Washington would press allies in Europe and the Gulf to take the lead on reopening the Strait, US officials say
US stock market futures are rising on the news.
Jet fuel prices in Europe have now risen over +100% in a matter of weeks.
Soon, the discussion will be about how many rate hikes Europe will need to fight the massive wave of inflation heading their way.
It's official:
US gas prices are now up +$1.00/gallon since the Iran War began with mortgage rates nearing 6.50%, a 7-month high.
At the current pace, we could see gas prices at $4.50+/gallon and 7% mortgages as soon as next month.
@KobeissiLetter trump did it... I don't want to say he did it, he may have not done it, but a lot of people are saying he did it...and he may still do it, nobody knows...
@bitcoinjack@F1 top speed of 308 vs 325.
lap times: 1:33.852 vs 1:30.133
a snoozefest vs probably an overtake galore
Yeah you are right. The old regs were clearly better.
Left: Webber, Suzuka, 2013
Right: Verstappen, Suzuka, 2026
Same straight, find the differences
Watch where the speed starts to disappear because the battery is empty and the superclipping starts
They killed the element of @F1 that made it attractive: full throttle, last one who blinks, attacking corners on the limits of what these cars could handle
Excellence in driving was rewarded
Now excellence in battery technology is rewarded and great drivers no longer make the difference. Also why Russel isn’t miles ahead of Kimi, why Hamilton is on par with Charles and Hadjar is the closest teammate to Verstappen since Ricciardo.
The ICE is now just a glorified generator, energy is taken away from the straight into cornering speed and stored in the battery to increase acceleration out of corners, which, like Alonso said, the kitchen chefs could drive just as easily.