What just happened to Iran's Kharg Island?
Trump just said the US has carried out the "most powerful bombing raids in Middle East history" on Kharg island.
This is a MAJOR escalation for oil markets. Here's why:
Kharg Island has been described as the "crown jewel" of Iran's oil industry. It is a vital, tiny island in the northern Persian Gulf that manages ~90% of Iran's crude oil exports.
Kharg Island alone handles ~2% of global oil supply.
In the lead up to the war, Iran was exporting as much as 3 MILLION barrels of oil per day from Kharg Island. Trump said that the US military has "chosen NOT to wipe out the Oil Infrastructure on the Island" for now.
However, Trump also said he will reconsider this decision should Iran "do anything to interfere with the free and safe passage of Ships through the Strait of Hormuz," which Iran is clearly doing right now.
In other words, Trump appears to be paving the path for the destruction of oil infrastructure on one of the world's most crucial oil ports and islands.
It's no coincidence this came just 2 hours after markets closed for the weekend.
Buckle up for a busy weekend ahead.
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Trump just said the US has carried out the "most powerful bombing raids in Middle East history" on Kharg island.
This is a MAJOR escalation for oil markets. Here's why:
Kharg Island has been described as the "crown jewel" of Iran's oil industry. It is a vital, tiny island in the northern Persian Gulf that manages ~90% of Iran's crude oil exports.
Kharg Island alone handles ~2% of global oil supply.
In the lead up to the war, Iran was exporting as much as 3 MILLION barrels of oil per day from Kharg Island. Trump said that the US military has "chosen NOT to wipe out the Oil Infrastructure on the Island" for now.
However, Trump also said he will reconsider this decision should Iran "do anything to interfere with the free and safe passage of Ships through the Strait of Hormuz," which Iran is clearly doing right now.
In other words, Trump appears to be paving the path for the destruction of oil infrastructure on one of the world's most crucial oil ports and islands.
It's no coincidence this came just 2 hours after markets closed for the weekend.
Buckle up for a busy weekend ahead.
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Media is too big
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BREAKING - Footage of Muslim Groyper Sneako has surfaced showing him advocating for political violence to dismantle “White oppression” during the 2020 BLM riots.
In case you were wondering why some of the “right” have started sounding like leftist.
They always were.
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In case you were wondering why some of the “right” have started sounding like leftist.
They always were.
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The internet is freaking out after this video was recorded in South Florida! WHO DOES THAT LOOK LIKE TO YOU???
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It's funny how i was dissing codex installing wine and now im using it to build wine from source, hopefully to investigate and patch something in it
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If this is not a work, and a real fight...
brown guy is going to sustain serious injuries
(based)
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brown guy is going to sustain serious injuries
(based)
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BREAKING: The New York post has verified three UFOs were above New York City by multiple witnesses.
Witness: "I came out of my house in Corona Queens and looked up to what I thought was a shooting star, but then 2 more joined it. They looked to be chasing each other around before 1 recorded this.
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Witness: "I came out of my house in Corona Queens and looked up to what I thought was a shooting star, but then 2 more joined it. They looked to be chasing each other around before 1 recorded this.
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Media is too big
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Crypto and AI advisor David Sacks says that war with Iran could escalate drastically, devastating Israel and potentially ending with Israel launching a nuke against Iran
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Weight Watchers is failing due to GLP-1 drugs.
So, they're trying to get in on the hype train by claiming that if you use Weight Watchers plus GLP-1 drugs, you get more weight loss, faster!
But the fine print shows they're just comparing involved vs. uninvolved GLP-1 users:
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So, they're trying to get in on the hype train by claiming that if you use Weight Watchers plus GLP-1 drugs, you get more weight loss, faster!
But the fine print shows they're just comparing involved vs. uninvolved GLP-1 users:
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