Brace Yourselves For War Between Iran and Israel

Expect more sticker shock at the pumps, especially in Aviation.

Why Oil's Future Is So Unpredictable
Mar 13, 2026
The oil market has been roiled by the Iran war, with prices swinging wildly as conflict around the Strait of Hormuz disrupts supply and spooks traders.
For regions most dependent on Gulf exports, the strain is already apparent, with wider implications on the horizon.The war in Iran has triggered an unprecedented disruption in global oil markets by effectively halting traffic through the Strait of Hormuz, a narrow waterway that carries roughly a quarter of the world’s seaborne crude.

While the conflict has produced a severe humanitarian toll, its economic shockwaves have centered on energy: Brent crude has surged beyond $100 a barrel amid extreme volatility.

The situation is considered unique in the history of Middle East conflicts since Iran has never before sought to fully close the Strait to traffic. Around 6.7 million barrels per day of oil production has been blocked, and the International Energy Agency recently announced a record 400 million-barrel coordinated release from global reserves to stabilize markets.

But without a cessation of hostilities and resumption of commercial traffic, efforts to free up supply in other ways may be unlikely to keep prices down.

Read More; Iran’s Supreme Leader Says Other Fronts Will Be Opened If War Persists



Even if Russia provides additional supplies, importers will be able to offset only part of the potential losses, Aditya Saraswat noted
LONDON, March 14. /TASS/. Middle Eastern countries could face a 70% drop in oil production as a result of military operations by Israel and the US against Iran, Aditya Saraswat, Middle East and North Africa (MENA) Research Director at the consulting firm Rystad Energy, told TASS.

"In just over a week since the US-Israeli strikes on Iran triggered the closure of the Strait of Hormuz, more than 12 million barrels of oil equivalent per day of Middle East oil and gas production has been taken offline, including 7 million barrels per day of crude supply - equivalent to roughly 7% of total global liquids demand. Iraq has been hit hardest, with over 60% of its pre-conflict volume curtailed. Still, the more alarming reality is that the worst is likely yet to come. In a worst-case scenario Middle East crude output could fall to approximately 6 million bpd, a region-wide reduction of 70% from the pre-conflict baseline," the expert pointed out.

He stressed that "further cuts from major Middle East oil producers cannot be ruled out as storage tanks fill to the brim, bypass infrastructure approaches its limit, and the conflict shows no sign of a near-term resolution." "If and when the crisis reaches an end, it will take months to restore operations to pre-conflict levels, with the questions of infrastructure integrity and a recalibrated geopolitical order still at play," Saraswat noted.

In his view, even if Russia provides additional supplies, importers will be able to offset only part of the potential losses.

The expert stressed that "a historic supply crisis" might be triggered "if the conflict is not resolved in the coming weeks."

The United States and Israel launched a military operation against Iran on February 28. Major Iranian cities, including Tehran, were struck. The White House justified the attack by citing alleged missile and nuclear threats from Iran. The Islamic Revolutionary Guard Corps announced a retaliatory operation, targeting sites in Israel. US military bases in Bahrain, Jordan, Kuwait, Qatar, Saudi Arabia and the UAE were also hit. Supreme Leader Ayatollah Ali Khamenei and some other key Iranian leaders were killed in the joint US-Israeli attack.

When I left the US (on Monday, February 9, 2026), the fuel price in Nevada had been slowly increasing from a low of $ 2.88 per gallon ($0.76 per liter).


The oversized role that California plays in Nevada's gas prices
Mar 12, 2026 #video #nevada #gasprices
Drivers across Southern Nevada are feeling the sting at the pump as gas prices climb day by day and remain above the national average, with global tensions and regional supply issues adding to the pressure.The average cost of gas nationwide is $3.60, but in Nevada it is $4.40. The spike comes as Iran’s new leader has promised to keep the Strait of Hormuz locked down, a key route for global oil shipments.


by Wolf Richter • Mar 11, 2026 • 57 Comments
(Mid-snip and End snip)
The energy CPI jumped by 0.63% in February from January (+7.9% annualized). Gasoline prices jumped in February from January, even on a seasonally adjusted basis. The price of utility natural gas piped to the home spiked, as did prices of other fuels used at home, largely propane, heating oil, and firewood, amid a harsh winter in parts of the country. Electricity prices backed off for the second month from the spike that had topped in December.

Year-over-year, the energy CPI was up just a hair thanks to the 5.6% YoY drop in gasoline prices that is now in the process of flipping.

Food prices jumped by 0.44% in February from January (+5.4% annualized). Year-over-year, food inflation accelerated to 2.6%. Food prices are up by 31% from January 2020.

But prices of durable goods, many of which are imported, fell for the third month in a row and were nearly flat for two months before then. So year-over-year, the CPI for durable goods is now essentially unchanged, despite the tariffs. Durable goods are dominated by new and used vehicles.

Core services CPI rose by 0.27% (+3.3% annualized) in February from January, a deceleration from what had been the worst reading in a year. It accounts for roughly 60% of the CPI basket of goods and services.

It includes housing costs (OER and Rent), medical care services, health insurance, auto insurance, tenant’s insurance, subscriptions; telephone, internet, and wireless services; lodging, rental cars, airline fares, education, movies, sports events, club memberships, water, sewer, trash collection, motor vehicle maintenance and repair, etc. It does not include energy services, such as electricity.

Year-over-year, the services CPI rose by 2.9%, as it continues to be pushed down by the CPI for Owners’ Equivalent of Rent (OER), which had been doctored for the September-November period. OER is the biggest component of the CPI basket, weighing 26.1% in overall CPI, and over 40% in core services CPI, and it moves the needle.

The Bad-Joke OER explained.

Over the next few days, I will post separate detailed analyses on energy inflation, which intensified even before the current price spike in March, and on inflation for owners and buyers of cars and trucks. So stay tuned.

In case you haven’t seen it yet: Food Inflation in America


US hits Kharg Island, 5000 Marines deployed. Trump rejects Putin offer. Zelensky meets Fresh Prince
Mar 14, 2026 Alex Christoforou Podcast
US hits Kharg Island, 5000 Marines deployed. Trump rejects Putin offer. Zelensky meets Fresh PrinceTopic 1996
 
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Two ex-servicemen criticise the US Iran war. With their combined experience from different perspectives, they bring up some very good points. (video approx 1 hr 1/2 in total). They both are highly critical of what's going on.

This was a good talk, right down to the operations level and the mess they have created. There was lots of background.

Noted was that Anthony is taking a run for Congress.
 

Here's a good summary of how the largest oil producer in the Persian Gulf, Saudi Arabia, planned to handle the closure of the Straits of Hormuz.

A pipeline system was built to allow for the divergence of crude from the Saudi east coast in the Persian Gulf to its west coast at the Red Sea. The system consisted of two strings – one for crude, the other for natural gas liquids. The capacity of the pipeline is about 5 million barrels per day for crude plus an additional 2 million barrels if the natural gas pipeline is converted to crude and used too.


The East-West pipeline, also known as Petroline, ends at the Read Sea harbor city of Yanbu where several refineries convert a share of the crude to products that are locally used. The crude oil export capacity of Yanbu is estimated to be between 3 to 5 million barrels per day.

saudieastwest-s.jpg


Ships seem to be preparing to use this alternative now.
Notice the (blue) Very Large Crude Carriers (VLCC) on the map coming from Asia, passing through the Arabian Sea, along the Gulf of Aden, through the narrow Bab el-Mandeb strait passage and into the Red Sea. This is a one-way road as VLCCs are too big to pass through the Suez Canal at the north-west (upper left) corner of the map. These ships will have to come back along the same route that takes them to Yanbu.

saudieastwest2-s.jpg


The problem with this route is that the Houthis have already demonstrated their willingness and ability to keep it effectively closed despite the efforts of the US and Israeli militaries. They have indicated that this time will be no different and many consider their involvement to be inevitable.
Senior Houthi official Mohammed al-Bukhaiti says the group has decided to stand militarily with Iran and will announce “Hour Zero” (start of action) at the appropriate time.
 
This was a good talk, right down to the operations level and the mess they have created. There was lots of background.

Noted was that Anthony is taking a run for Congress.

This whole talk (at around the 1:29:00 mark) was moved over to Rumble due to the footage compiled. For instance, and not known for sure, Antony suspects Israel's PM was taken out unless he turns up is some other place.

https://rumble.com/v772ysi-the-iran-war-spirals-out-of-control-w-anthony-aguilar-live-5pm-pst.html
 
This video presents a detailed analysis by American political scientist John Mearsheimer on the ongoing tensions between the U.S. and Iran. The discussion examines strategic considerations, potential outcomes, and geopolitical implications based on publicly available information. This is a factual and analytical overview intended to provide context and understanding of the evolving situation.


 
Cross post:

Just think about the waterfront values, tho.
US special envoy Steve Witkoff and Jared Kushner have presented a $112 billion reconstruction plan to Gulf officials to build a “high-tech metropolis” atop the remains of Gaza, the Wall Street Journal reported on 19 December.

The 32-page PowerPoint presentation labeled "sensitive" and titled "Project Sunrise" was developed over 45 days and reportedly presented to officials from Qatar, UAE, Egypt, and Turkiye.
Sickening.

At 1:57:00 in this continuation:

https://rumble.com/v772ysi-the-iran-war-spirals-out-of-control-w-anthony-aguilar-live-5pm-pst.html

Gaza comes up, so while Iran is the current focus, Gaza is being further leveled as planned.

Anthony says he retired a year ago but was in Israel as a contractor this past year when what was laid out - Project Sunrise, complete with maps and phase III strategic plans, became clear. He said the planning documents were dated 2021.

He claims that the Peace Plan to pony up I billion each was for to complete phase I of Project Sunrise (1 Billion from each country and 12 from the U.S.) - again, designed in 2021.

Anthony, as an ex military commander also weighs in on Oct 7th and described the fence and how massive it is really is and how it was built, including the manned gates (gate 96 was cited as the place crossed over by Hamas). It is massively fortified. He then gets into the Kubutz - right outside gate 96, and it became immediatly noticeable to him that the buildings were all hit by 30mm chain gun rounds i.e.., an Apache. Even all the burned out cars were strafed by hellfire etc.

So, these are Anthony's eyes seeing and not what has been publicly broadcasted (not new for people here).

"Sickening," an understatement.

All this seems to be the current Kushner/Witkoff play.

What and who is the real Kushner? How is it he seems to run things? Perhaps the plan was hatched long before the Kushner and Rima meeting on the Rothchild's yacht.



Edit: forgot to mention that Sgt. Brian McGinnis who had his forearm snapped was directly witnessed by Anthony in that room, and the story is not what is being told. At 2:35:00 Anthony explains the whole thing.

He was taken away and arrested and placed in a hospital under an alias without his wife (a Palestinian) knowing, and then released with a misdemeanor.
 
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The POTUS is now asking for help from pretty much everybody—including China.

"Just a week ago, also in a social media post, Trump said the US no longer needed the UK and that it “doesn’t need people that join wars after we’ve already won”

Today:

Iran war: Trump urges China, other nations, to send warships to secure Hormuz​

"US President Donald Trump on Saturday urged other nations, including China, to deploy ships to help secure the Strait of Hormuz,"

"In another social media post, Trump doubled down on his previous comments, saying the countries that receive oil through the strait, “must take care of that passage,"

“Many countries, especially those affected by Iran’s attempted closure of the Hormuz Strait, will be sending warships, in conjunction with the United States, to keep the strait open and safe,” Trump wrote in a Truth Social post."

“Hopefully China, France, Japan, South Korea, the UK, and others affected by this artificial constraint will send ships to the area.”

From Seoul Korea:


17:35 GMT
Hundreds of anti-war and pro-Palestine protesters marched through the streets of Seoul, South Korea, on Saturday, demanding a halt to the US-Israeli strikes on Iran. Footage from the scene shows the demonstrators carrying Palestinian flags and displaying placards reading ‘Terrorist Trump’ and ‘Stop killing children.’

Videos of Korean protest and other videos in link below:



From China:

"The Chinese embassy in Washington and the White House did not immediately respond to requests for comment on Trump’s remarks."


From RT News:

Trump demands China, other nations deploy warships to Strait of Hormuz​


(Remember that the POTUS just took away some of Seoul's defensive weapons, and a Marine detachment with its ships from Japan)

Articles below:


 
I just picked this is from the video:

View attachment 116964

We cannot see the Tweet account. Do we have another source for this information?
Further to my post at #2510, Nate decided to take the discussion to Rumble after a break where it recommences at 1hr 27 minutes.

His reasoning being that YouTube "wasn't likely to allow him to post strike footage", plus they would be discussing the behaviour of "our greatest ally". The first thing he does is post a still photo of what looks like Netanyahu being pulled out of the rubble. (at 1hr 30 minutes). Apparently this thing has 'gone viral'.

They go on to post stike footage, discussing hypersonic weapons and the cost of the "Iron Dome".

They talk about what they think might be possible trajectory of the war (it's not good - there's no winning here for the US and no negotiation - it's done when Iran says it's done).

How they think it started (Trump acting at the behest of both Witkoff and Kushner).

How the plans for Gaza were drawn up before (2021) the attacks on October 7th, and why October 7th was a False Flag.

They speak about the recent event where a marine's arm was broken by a member of Congress. Anthony was actually there at the time and can be heard voicing his anger at this member of Congress (cussing him out). They go on to discuss how much money this person has taken from APAC and what a problem it is when ex-special forces people take positions in Congress and receive money from the Israel Lobby.

They go on to discuss how (even if) members of the military can "refuse and illegal order" and how the military "got around it" with the Covid vax.

Yes, too 'explosive' for YouTube. It even looks like Anthony gets booted off at one point. Rumble may be a 'free speech' platform, but it's a hotbed of frothing at the mouth Zionists too.

 
This was a good talk, right down to the operations level and the mess they have created. There was lots of background.

Noted was that Anthony is taking a run for Congress.
Yes, and then they went over to Rumble where they continued with there explosive comments. I've posted a link. Check it out if you've got the time! (previous post).
 
One would expect the US regime to ask for help from its usual vassals (UK, France, Japan, etc.). Transferring THAAD and other systems from South Korea (and probably from other places) is humiliating enough. But asking China for help? Is it a twilight zone episode?
Trumpstein is more and more erratic (well, more than usual). In the same post he boast about eliminating 100% of Iran's weapon capabilities... except for missiles and drones and ships, for which he cries for help. As for Satanyahu, whether he's dead or not is not important, except maybe justifying a little celebration to the tune of boomboom. He's just one manifestation of a larger system.
 
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