SHOCKING: Google searches for “help with mortgage” just hit the highest level in 20 years.

People can’t sell their houses and now they can’t pay their mortgages.

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BREAKING: US oil prices extend their reversal, now dropping below $100/barrel and up just +9% on the day.

We are witnessing one of the biggest daily crude oil reversals in history.

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Israeli police officer disables CCTV cameras to prevent footages of Iranian missile strikes & damage after them

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Jared Kushner and Steve Witkoff have CANCELED a planned trip to Israel — Channel 12

They were supposed to meet with Netanyahu

No confirmation from DC yet

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Oil dependency on the Strait of Hormuz:

Japan: 70%

South Korea: 68%

India: 60%

China: 45%

Europe: 15%

USA: 5-7%

Indices today:

Nikkei 225: -5%

KOSPI: -6%

Nifty 50: -2%

SSE: -0.7%

Euro stoxx 50: -2%

S&P 500: -1%

Oil dependency on the Strait of Hormuz and the performance of countries’ main stock indices appear to be highly correlated right now. The market seems to be pricing in the possibility that the Strait could remain closed for an extended period. China stands out as the exception - despite its high oil dependency, its market saw only a small correction today.

The main reason markets may believe the situation could drag on is that the United States itself is not in a rush to reopen the Strait. The U.S. has low dependency on oil flows through Hormuz, and the disruption weakens China disproportionately. Trump may view the economic pain experienced by Japan and South Korea as acceptable collateral damage for weakening China. For both Japan and South Korea it's a very tricky situation, since they are perceived as fragile economies. Some dominos could start falling if this drags on for too long.

If there was ever any doubt about how heavily modern economies depend on oil, this situation should make it very clear.

Pay close attention.

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BREAKING:

USOIL dropped -19% following G7 countries reportedly considering releasing 400 million barrels of crude oil from reserves.

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The U.S. aims to process 4,500 refugee applications per month from White South Africans, according to a previously unreported document from the U.S. State Department.

Do you support the U.S. prioritizing White refugees from South Africa?

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The CIA's been calling water the Middle East's "strategic commodity" since the 1980s. And now Iran's proving why.

100 million Gulf residents depend on 450 desalination plants. Most have zero alternatives.

The Jubail plant supplies 90% of Riyadh's drinking water via 500km pipeline. A leaked 2008 U.S. embassy cable: If that plant gets hit, "Riyadh would have to evacuate within a week."

Not months. A week. Saudi Arabia's capital.

Iran's already testing. They hit a power station in Fujairah (UAE) running one of the world's largest desalination plants. Drone debris caused fire at Kuwait's plant. After claiming the U.S. hit their Qeshm Island plant, Iran struck Bahrain's desalination facility.

The taboo's broken.

Here's Iran's calculation: Can't beat the U.S.-Israeli war machine militarily. So hit soft targets (energy, airports, water), make victory unbearable. Surviving = winning.

Historical precedent: 1991, Saddam deliberately spilled Kuwaiti oil into the Gulf trying to damage Saudi desalination plants.

The dependency:

Kuwait: 90%

Qatar: ~100%

UAE: 42% (higher in cities)

Saudi Arabia: 70%

One strike on Jubail evacuates millions from Riyadh. One strike on Dubai's Jebel Ali complex (43 units, 160 billion gallons yearly) shuts down the city.

Oil you can replace. Water infrastructure you can't rebuild fast enough to prevent humanitarian catastrophe.

The CIA's 1980s assessment said Gulf officials saw water as "more important than oil." 40 years later, nothing changed. Except now there's a war and Iran's cornered.

Water's not just precious. It's the weapon that decides if 100 million people can stay in their homes.

Bloomberg

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BREAKING: Germany signs deal to acquire ~500 high-precision EuroPULS MLRS systems from Israeli company Elbit Systems for the Bundeswehr. Some systems and missiles will be produced locally as part of a multi-billion-euro agreement

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The moment of the Israeli airstrike on Beirut was captured by local reporters who, instead of taking shelter, chose to film a report nearby

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Despite the threat of US–Israeli bombardment, Iranians flood Tehran’s Enqelab Square to pledge allegiance to new Supreme Leader Mojtaba Khamenei

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BREAKING: Data firm NielsenIQ reveals bible sales in the UK rose by an unprecedented 20% last year, taking it to the highest number since 1998

Something BIG is happening.

The revival is imminent!

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BREAKING: NATO shot down an Iranian ballistic missile that was entering Turkish airspace

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It is stated that in these frames, sailors from a merchant ship are watching the combat sorties of the F/A-18E/F Super Hornet from the deck of the aircraft carrier Abraham Lincoln.

It's quite strange that other ships are allowed to approach so close to the aircraft carrier during the ongoing war - essentially, inside the AUG's order. Therefore, the frames may be old, or someone is very careless.

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Palestinian Mufti DECLARES ALLEGIANCE to Iran's new Supreme Leader Mojtaba Khamenei — Tasnim

'Allegiance from nation that does not bow to oppression, until... flag of truth is raised over every land where the free stand' — Head of Palestinian Scholars Council

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“ai is going to take everyone’s job”

me who didn’t even want a job to begin with:

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