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BREAKING: US may ‘unsanction’ Iranian oil to ease pressure from US-Israeli war roiling energy markets 🔴 LIVE updates: aje.news/fs4nzb?update=…



This is something people don't understand when they think "oil go up, American companies make money!" The oil majors want a stable situation in which they can achieve a long-term, predictable return on their investments. They want to be able to sell their product to whoever, wherever, with minimal regulation. An environment where prices are spiking wildly, trade corridors are being shut down, and multi-billion dollar facilities are going up in smoke in an instant is not good for business. Periods of high volatility result in these companies mitigating risk by scaling back investments. And they would love to make a deal with the Iranians, because there's money to be made there. Dick Cheney, of all people, spent the 90s lobbying for the removal of all sanctions on Iran for this reason. When Trump withdrew from the JCPOA in 2018 he blew up the first major western deal for investment in Iranian oil operations in a decade. Profit motive does not explain what we're seeing with this war.



The Boxer Amphibious Ready Group (ARG), comprised of the USS Boxer (LHD-4), USS Comstock (LSD-45), and the USS Portland (LPD-27) with the embarked 11th Marine Expeditionary Group (MEU), is on its way to the Middle East after departing the U.S. west coast for deployment.






@jahimes COHEN: Does the IC know where Iran's enriched uranium is? GABBARD: The IC has high confidence that we know where it is. [...] COHEN: We have methods of destroying it? GABBARD: This is a conversation for a closed setting, sir.



Hey @NYCMayor — what does your wife mean by "fgts" here?




Oh my god. On the radio, NRSC-endorsed Michele Tafoya says that gas prices are spiking because of the Iran war that she supports and that people should “take one less trip to Starbuck’s” and to “just try to be patriots” about it. #mnsen


China isn’t planning to invade Taiwan in 2027 and would prefer to take control of the island without resorting to force., the U.S. concludes on.wsj.com/4lAedlA



Joe Biden enacted the Inflation Reduction Act, aimed at building out renewables & accelerating the energy transition. Donald Trump has taken a much different approach to decarbonization, starting a war in the Middle East that results in the Gulf states’ extraction exploding.

BESSENT: US MAY UNSANCTION IRANAIN OIL THAT'S ON WATER BESSENT: WHEN WE UNSANCTION IRAN OIL, CAN GO TO EX-CHINA PLACES So we can see the regime selling oil legally at a much higher price?








