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🔺”In case of the slightest attack on the electricity infrastructure of the Islamic Republic of Iran, the entire region will go dark,” Iran’s IRGC-affiliated Mehr news writes. It shared the following graphic. 💢Here’s the list it shared: Saudi Arabia ➤ The Village (near Al-Khobar): gas power plant (4,000+ MW) ➤ Ras Tanura (Sharqiya Province): major oil and gas facility / power infrastructure United Arab Emirates ➤ Barakah (Al Dhafra, Abu Dhabi): nuclear power plant (~5,600 MW) ➤ Jebel Ali (South Dubai): gas power and desalination complex (multi-GW capacity) ➤ Mohammed bin Rashid Solar Park (Dubai): large-scale solar power project Qatar ➤ Ras Laffan (north Qatar): gas power plant (one of the largest in Qatar) ➤ Umm Al Houl (south of Doha): gas power + desalination plant (multi-GW capacity) Kuwait ➤ Al-Zour South: oil and gas power plant ➤ Al-Zour North: combined-cycle power plant (multi-GW capacity) ➤ Shaqaya Energy Park (west Kuwait): solar and wind renewable energy complex






Europe spent years debating whether the energy transition was affordable. Spain quietly answered the question: gas now sets its electricity price in only 7% of hours (in Italy is 90%). Strategic autonomy must be built in advance, in wind farms, solar parks, and grid investment, or it isn’t built at all. The countries still exposed to fossil fuel price shocks didn’t lack the warnings. They lacked the will.


I can't believe the flood of silly analyses on X about this virtual "Narva People's Republic." If this trend continues, journalists / commentators will effectively orchestrate the secession themselves, annex Narva to Russia, and subsequently ponder how to reverse it. The fairy tale about separatism in Narva and all sorts of "people's republics" in the Baltic states is just a way to get attention/clicks. Virtual "people's republics" online have been popping up since the start of the previous decade. They've already targeted Latvia, Estonia, and there was even a "Vilnius People's Republic" run in Polish. Did any of them come true? NO! The vast majority of these "people's republic" news stories are written by journalists who don't know the local context of Russian-speaking communities in Latvia or Estonia. Okay, but what about these internet separatists this time? Since this "scandal" blew up, the "people's republic"'s online reach has grown from a few dozen subscribers to 500. I'll bet most of the followers who joined last week are people interested in the group for professional reasons. Today's Postimees edition published an investigation into the online phenomenon of the "Narva People's Republic," which suggests there are only two active supporters of separatism in Estonia :) The journalists joined the inner circle of internet separatists. As it turned out, in that circle besides the channel owner, there were just two others: a port worker from Sillamäe and one potential "fighter" from Tallinn. The Sillamäe port worker was the Postimees journalists, and the "fighter" from Tallinn, according to the authors, is probably a journalist from a competing paper or a KaPo officer. Unfortunately, these sensational stories harm Estonia's image.




This administration is out of its depth, like children playing with dynamite sticks. We are witnessing a second version of the Bronze Age collapse. #RWRI

I'm going to make some obvious points. (1) Blowing up all the oil infrastructure in the Middle East is an insane idea, and may well result in a global economic crash and humanitarian crisis unrivaled in the lives of those now living. We're talking about the price of everything everywhere rising, from food to gas, at a moment when inflation was already high. All of that will be laid at the feet of the authors of this war. (2) The antebellum status quo of Feb 27, 2026 was just not that bad, but we're unlikely to return to it. Expect indefinite, long-term, ongoing disruptions to everything out of the Middle East. (3) Also assume tech financing crashes for the indefinite future. The genius plan to get the Gulf states caught in the crossfire has incinerated much of the funding for LPs, for datacenters, and for IPOs. Anyone in tech who supported this war may soon learn the meaning of "force majeure" as funding gets yanked. (4) Many capital allocators will instead be allocating much further down Maslow's hierarchy of needs, towards useful basic things like food and energy. (5) It's fortunate that all those progressives yelled about the "climate crisis." Yes, their reasoning about timelines was wrong, and much of the money was wasted in graft, but the result was right: we all need energy independence from the Middle East, pronto. It's also fortunate that Elon and China autistically took climate seriously. Now they're going to need to ship a billion solar panels, electric vehicles, batteries, nuclear power plants, and the like to get everyone off oil, immediately. (6) It's not just an oil and gas problem, of course. It's also a fertilizer problem, and a chemical precursor problem. Maybe some new sources will come online at the new prices, but it takes time to dial stuff up, particularly at this scale, so shortages are almost a certainty. That said, China has actually scaled up coal-to-chemicals[a,c] (C2C), and there's also something more sci-fi called Power-to-X[b] which turns arbitrary power + water + air into hydrocarbons. But all of that will need to get accelerated. I have a background in chemical engineering so may start funding things in this area. (7) Ultimately, this war is going to result in tremendous blame for anyone associated with it. It's a no-win scenario to blow up this much infrastructure for so many people. Simply not worth it for whatever objective they thought they were going to attain. But unless you're actually in a position to stop the madness, the pragmatic thing to do is: scramble to mitigate the fallout to yourself, your business, and your people. [a]: reuters.com/business/energ… [b]: alfalaval.com/industries/ene… [c]: reuters.com/sustainability…

FROM DEI OFFICERS, TO USA OFFICERS What a great clip. Trump is at his absolute best when overriding Democrat governance. He’s just genetically optimized to cut through blue bureaucracy. Did it for years as a New York real estate developer. In this scene he’s doing what every CEO has done but no president in decades has: going directly to understand what’s failing, talking to everyone first hand, and not taking no for an answer. And often the answer is so simple! “Allow people to clean up their own homes” is at the level of “put water on the plants instead of Gatorade.” Blues created such an Idiocracy that extremely obvious moves like this nevertheless unlock billions in value. How to do this systematically, though? On a one-off basis, Trump could maybe unblock blue state bureaucracy with targeted executive orders from above. But personnel is policy — so what you really want is to just de facto fire everyone like Bass. After all, many of these mayors are actually ceremonial because city managers run the cities. So as a thought experiment, imagine the US had a vertically integrated org chart, with all mayors reporting to their governors reporting directly to the president. Then Trump could just fire Bass on the spot and hand over command to one of his many new competent lieutenants. In practice, he might not legally be able to fire these people, but he could effectively strip them of authority. Think about what happened during Hurricane Katrina, when GWB handed over control of New Orleans to Lt. Gen. Russel Honoré. With appropriate legal authority, Honoré just started barking orders and cleaning up the mess local blue government had made. You could systematize that. Maybe as DOGE shuts down the useless parts of the federal bureaucracy, it boots up a series of “embeds” that sit in every blue mayor and governor’s office, with full information rights on everything. Kind of like a DEI officer — except they’d be a USA officer! While DEI officers ensured compliance with blue values, a USA officer would ensure compliance with the people’s values. That is, they’d make sure each local action by a blue elected is compliant with the President’s guidance for the whole country. And if the mayor or governor did something different — if they delayed permits, or released criminals, or distributed syringes, or funded homeless encampments — the USA officer could just report up to DC to rain down an executive order on the next Bass’ head. That’s how you scale this scene to every blue city in America.




Just spoke to @POTUS about our European allies’ unwillingness to provide assets to keep the Strait of Hormuz functioning, which benefits Europe far more than America. I have never heard him so angry in my life. I share that anger given what’s at stake. The arrogance of our allies to suggest that Iran with a nuclear weapon is of little concern and that military action to stop the ayatollah from acquiring a nuclear bomb is our problem not theirs is beyond offensive. The European approach to containing the ayatollah’s nuclear ambitions have proven to be a miserable failure. The repercussions of providing little assistance to keep the Strait of Hormuz functioning are going to be wide and deep for Europe and America. I consider myself very forward-leaning on supporting alliances, however at a time of real testing like this, it makes me second guess the value of these alliances. I am certain I am not the only senator who feels this way.



An Iranian-backed militia successfully used a (likely fiber optic) FPV drone to carry out a reconnaissance mission through the U.S. Embassy in Baghdad yesterday. Seen here, the drone flies unchallenged through the embassy complex for nearly two minutes.










