NEW; President Trump is weighing a military operation to extract nearly 1,000 pounds of uranium from Iran, according to U.S. officials, a complex and risky mission that would likely put American forces inside the country for days or longer.  https://t.co/R87wGm2ukF

JUST IN: 🇸🇦 Saudi Arabia's East-West oil pipeline bypassing the Strait of Hormuz is now pumping at full capacity of 7 million barrels per day.

“… we will increase the operation of coal-fired power plants and conserve LNG usage…” — Japan’s Prime Minister Sanae Takaichi (Tokyo believes it can reduce its needs of LNG via Hormuz by ~40% via leaning on coal and the re-start of a nuclear power reactor shut for 14 years)

No fuel-no water-no fertilizer-no food-severe poverty-turmoil and revolutions. Put it on the wall of every politician‘s cabinet.

In 1973, the oil embargo lasted 5m & caused a decade of stagflation. The world was not globalized & things were sourced locally. 1) Today the ENERGY CONTENT of products around you is much much higher than 1973. 2) The West has too much DEBT so impossible to fight stagflation.

China banned tungsten export. US military is not gonna be able to restock their arsenal any time soon. Good luck finding replacement!

Saudi Arabia Sees a Spike to $180 Oil if Energy Shock Persists Past April -- WSJ It's already $177 in Dubai

Morgan Stanley published this chart about massive disruptions in industries across the board

Une étude chiffre à 5 millions les emplois en danger en France avec le décollage de l'IA. Les métiers de cols blancs, bien payés et dans les métropoles, sont les plus à risque. La révolution IA sera économique, sociale, politique et géographique. https://t.co/JYbDGDsFw8

Two oil markets now exist. The physical one and the financial one. They are pricing two different wars. Oman crude just crossed $154 per barrel. Dubai sits at $130. Brent at $102. WTI at $93. The gap between the Gulf benchmark that reflects physical delivery through the war zone

Ses contemporains n‘étaient pas toujours tendre avec #Habermas. Voilà la l‘échange entre Raymond Aron et Karl Popper en 1970

The EU is the largest buyer of Russian natural gas, both pipeline and LNG. https://t.co/XBiuG2md1a

“Yesterday is history, tomorrow is a mystery, but today is a gift. That is why it is called the present.” - Master Oogway, Kung Fu Panda

Breaking News: The U.S. was responsible for a missile strike on an Iranian school, an ongoing military investigation found. The inquiry said the strike — which Iranian officials said killed at least 175 people — was the result of a targeting mistake.

🚨💪HELL YEAHHH: A reporter just did what every journalist in that room should be doing. @ShawnMcCreesh looked the President of the United States in the eye and said: “You suggested Iran bombed its own elementary school with a missile only America sells. You are the only person

La Chine est en train de disloquer l'industrie européenne. En un an, ses exportations vers l’Europe ont explosé : • Italie +36 % • France +32 % • Allemagne +31 % • UE +28% Près d’un tiers des emplois dans la zone euro pourraient être affectés. https://t.co/bovIihgv8h

A barrel lost anywhere is a barrel lost everywhere. And we just lost one-fifth of everywhere barrels. No one is safe.

45% of urea production goes through the Strait of Hormuz. We are about to see another massive shock to fertiliser markets. That means rising food prices - and falling living standards. 🧑‍🌾📈

https://t.co/MVBy3xjeYa

Everyone talks about Iranian oil in barrels. Nobody talks about what is inside them. That difference is why Western refineries have been running shadow networks through Dubai for twenty years to get it despite the sanctions. Crude oil is not a uniform commodity. It is a spectrum