The United States Central Command (CENTCOM) said its and Saudi Arabian forces jointly struck “Iran-aligned terrorists” in Iraq, claiming that Iran’s Islamic Revolutionary Guard Corps (IRGC) directed those groups to attack US forces and Saudi energy infrastructure. “US and Saudi fighter aircraft struck multiple terrorist logistics and weapons sites across eastern Iraq in a strong response to over 30 IRGC-directed aerial drone attacks in the last 72 hours,” CENTCOM said on X, noting that the attacks against US forces were unsuccessful.
NN: Another little notices escalation. The Saudis have now joined the fray!
Oil surged as a fresh round of fighting erupted across the Middle East, threatening further disruptions to energy flows and severely undermining diplomatic efforts to end the months-old conflict. Brent climbed almost 4% to above $87 a barrel, paring some of the 16% loss over the past three sessions that was its biggest such decline since 2020. Since the start of July, the benchmark has traded in range of almost $32. The Islamic Revolutionary Guard Corps targeted a US airbase and command center in Jordan with ballistic missiles, state-run IRIB News reported, citing an IRGC statement. In addition, the IRGC also claimed to have hit and halted three tankers, without saying where the incidents took place. US Central Command said it had intercepted a “surprise” Iranian attack on US troops, without giving details. Meanwhile, the US military and Saudi Arabia also struck “Iran-aligned terrorists” in Iraq after they were directed by the IRGC to target American forces and Saudi energy infrastructure, Centcom said. Riyadh confirmed a joint operation with the US, saying strikes were undertaken as a “right of self-defense,” according to the state-run SPA. Oil has been whipsawed this month, initially surging as hostilities between the US and Iran re-escalated and the conflict spread to the Red Sea, with the Tehran-backed Houthis threatening to blockade Saudi ports, before prices gave back some gains. Investors remain focused on diplomatic moves to end the war, as well as signs flows through key chokepoints remain compromised. “We remain exceedingly skeptical that we are on the brink of a major diplomatic breakthrough that will resolve the nuclear standoff that started the war,” RBC Capital Markets LLC analysts including Helima Croft said in a note. “The ongoing threat of missiles, mines, drones, and Tehran tolls will keep a significant portion of the shipping market on the sidelines,” they added. On the Strait of Hormuz, Iran told Oman that its proposal for a route through the critical waterway, with 50% under Tehran’s control and 50% under Oman’s, would not address the Islamic Republic’s concerns. The inbound passage must be entirely under Iran’s control, along with part of the outbound channel, Deputy Foreign Minister Kazem Gharibabadi told state television. The IRGC statement on the latest tanker attacks said the vessels had been traveling on an “unsafe and illegal route,” according to IRIB News.Visible traffic through Hormuz — which links the Persian Gulf to global markets — remained thin early Wednesday. Only two commodity vessels crossed on Tuesday, according to Kpler data, a tally that may be adjusted. In Washington, President Donald Trump met Israeli Prime Minister Benjamin Netanyahu, as the US leader sought to avoid renewed bombing. After the meeting, Netanyahu told Fox News he was skeptical about a deal. Israel launched the war with the US in February to curb Tehran’s nuclear program.
NN: It is amazing to me that the masses who have no business being in this oil trade are ignoring the deficit in oil. As they concentrate on the number of rockets fired and the constant buzz that a peace deal is near. Its simple i need to see the oil flow and refinery runs restored to prewar levels for at least 6 months before i can consider oil crises over.
Iran launched ballistic missiles at a United States military base in Jordan, Axios reported, citing a US official. The official said the missiles were intercepted before reaching their target. Iranian outlets Fars and Tasnim identified Muwaffaq Salti Air Base as the target. Tasnim reported heavy Jordanian air defense activity and cited sources saying the base had come under attack.
NN: Talk abut a fuck you. Is their any negotiating with these people?
US says it intercepted Iran’s ‘surprise attack’ on its forces
The United States Central Command (CENTCOM) said Iran’s Islamic Revolutionary Guard Corps (IRGC) launched several ballistic missiles at US forces across the Middle East on Wednesday. CENTCOM described the strike as an “attempted surprise attack” and said every missile was intercepted. “US forces remain vigilant and at a high state of readiness,” CENTCOM stated. It did not identify the locations targeted. The announcement came after reports that Iranian missiles had been launched toward a US military base in Jordan.
NN: Its called sitting ducks. The time to eliminate the missle is not when it been launched. You eliminate the missal by eliminating the people that are shooting them at you before they even make them
Oil jumps 3.5% on renewed Middle East tensions
Crude oil prices surged over 3.5% on Wednesday, after the United States and Iran resumed hostilities, exchanging attacks across the Middle East overnight, and renewing concerns over supply disruptions. The US military reported earlier that Tehran launched several ballistic missiles at US troops in the region, after which the US Central Command (CENTCOM), together with Saudi Arabia, jointly targeted “Iran-aligned terrorists” in Iraq. West Texas Intermediate (WTI) for deliveries in September jumped 3.78% to sell for $82.23 per barrel at 2:23 am ET. At the same time, Brent for the same month’s settlements increased by 3.82%, going for $87.30 per barrel.
NN: Time to put away the lovelights bongo drums and break out the ammunition. Another peace wet dream gets a bucket of cold water. Their is no peace and their will be no peace until the savages are eliminated. Worse no matter what blue sky the blow up your ass the world is in a catastrophic oil shortage.
Saudi Aramco shut its 400,000-barrel-per-day Jazan refinery on July 27 after a Houthi attack damaged the facility, according to an IIR note seen by Reuters. IIR said the strike damaged the refinery’s Integrated Gasification Combined Cycle complex and tank farm. Repairs are tentatively expected to be completed by August 15. Tentatively is doing some fairly heroic work there. The attack took place Saturday, and video verified by Reuters showed a large plume of smoke rising from the refinery. Houthi military spokesman Yahya Saree said the group also struck Aramco facilities in Yanbu. Saudi Aramco has not commented on the damage or restart schedule.
A shutdown lasting less than three weeks may not sound catastrophic. But Jazan is not going offline in a normal fuel market. Gasoline, diesel, and jet fuel supplies were already tight, inventories were already thin, and refining margins had already surged to record highs.
Crude oil has proved remarkably movable during the Gulf war. It can be rerouted, stored on tankers, discounted, or sent through another port. Finished fuel is less flexible. It must first pass through a refinery that is actually operating. Jazan removes 400,000 bpd of that capacity, at least for now. And then there is Yanbu. Saudi Arabia has leaned heavily on the Red Sea port to move crude around the Strait of Hormuz. That workaround helped keep oil moving while the Gulf route was disrupted. A Houthi strike on Yanbu suggests the war may now be following the workaround west. Russia offered one bit of good news Sunday, saying several refineries had restarted and its fuel crisis was easing. Still, Moscow’s diesel export ban remains in place, Ukrainian attacks continue, and some Russian regions remain short of fuel. So yes, refining capacity is returning in Russia. Now 400,000 bpd has disappeared in Saudi Arabia. The crude market has spent months finding detours. The fuel market has fewer of them. You cannot reroute your way around a refinery that is not running.
NN: Shortage are being hidden worldwide. The crack spread the difference or profits on refining are at unfathomable highs. The crack spread is the difference from what a refiner pays for a barrel of oil and what it gets when it processes the crude oil into products like gasoline and diesel fuel. Typically around $25 to $60 a barrel. Now running $200 a barrel for diesel fuel. Reflecting the severe shortages and the intense bidding for the worlds transportation fuel. You can only shit the bed so many times before the matressneeds to be thrown away.
Crude oil prices continued their downward streak on Tuesday, with Brent falling more than 5%, after the United States and Iran decided to halt attacks and resume peace negotiations.
Brent for deliveries in September tumbled 5.32% to sell for $83.70 per barrel at 12:00 pm ET. At the same time, West Texas Intermediate (WTI) for the same month’s settlements dipped 4.43%, going for $78.52 per barrel.
US President Donald Trump told Fox News in a phone interview on Tuesday that he would “like” to avoid strikes on Iranian bridges and power plants, while adding that Washington held a “very strong position” with Tehran. “The bridges are going to be gone in less than 2 hours, most of the bridges, the major bridges, and the power plants in one day. If I can avoid doing that, I’d like to do that,” he elaborated when asked if he was looking to target such infrastructure. “They know I’m going to do that if they don’t make a deal.” Trump also said Iran’s Pickaxe Mountain nuclear site, where some 970 pounds of enriched uranium are reportedly being stored, was “not a big problem,” while saying that “we took out their nuclear sites, and we’ll have to take out Pickaxe if we don’t make a deal.”
NN: Trump Always Chickens Out
He could be with all his warts and pimples the best president ever. He really grasps the issues and the great danger the democracies of the world are in. The world really needs to end the Iranian reign of terror. Any way it goes you will soon see massivw supply shorteges and $10.00 gasoline when you find some
United States President Donald Trump said on Monday that negotiations with Iran “are going well,” stressing that there is a possibility of reaching an agreement. “There’s a good chance that something could happen,” he told reporters aboard Air Force One. Trump claimed that Iran has requested a meeting with US officials through mediators, adding that the US “will meet them.” “I have plenty of time,” he said. He also addressed US Defense Secretary Pete Hegseth’s handling of the war against Iran, emphasizing that he is “not disappointed,” and adding that Hegseth “has done a great job.” Furthermore, the US president stated that he and Israeli Prime Minister Benjamin Netanyahu have “a little difference” on Iran, but that they are “pretty close.”
NN: Peace with Iran….. Does anyone really believe that shit? I don’t for a minuite.
United States Central Command (CENTCOM) said on Monday that the military has redirected 17 commercial vessels and disabled another two that were trying to breach the naval blockade against Iran. The military added that its forces also boarded two ships “to ensure compliance” with the blockade. The US officially reinstated the naval blockade against Iran on July 14 after Washington and Tehran resumed hostilities, blaming each other for breaching the memorandum of understanding reached between the two parties previously.
NN: The pause that refreshes your ammuninition. This is a 15 round fight. And far from over. Reality is the oil is not moving.
The price of oil continued to fall on Monday, with Brent dropping over 7%, after both Washington and Tehran halted attacks against each other over the weekend. United States President Donald Trump stated that the two parties are currently conducting talks, but that Iran is “not ready” for a deal yet. In addition, Yemen’s Houthis threatened escalation, following Saudi Arabia’s attack on the port of Hodeidah.
West Texas Intermediate (WTI) for deliveries in September fell 6.64% to sell for $83.38 per barrel at 3:00 am ET. At the same time, Brent for the same month’s settlements plunged 7.13%, going for $90.01 per barrel.
Energy Aspects indicates that global oil inventories have been depleted at the fastest pace on record due to disruptions in the Middle East, leading to significant supply tightness. This situation has resulted in elevated prices for certain oil products, despite some recovery in oil flows.
Global oil inventories have been depleted at the fastest pace on record.
This depletion is primarily due to disruptions in the Middle East, which have significantly impacted oil supply.
The tight supply situation has led to elevated prices for certain oil products.
Despite some recovery in oil flows, the overall market remains under pressure.
Ongoing conflicts in the Middle East have created significant uncertainties in oil trade.
The combination of reduced supply and high demand has exacerbated the situation, leading to concerns about long-term availability.
The current state of oil supplies is critical, with significant implications for global energy markets and pricing.
NN: Keep your eye on the money ball. attacks… no attacks,,, nukes no nukes. Its very simple the market is now short 2 billion barrels of oil. And the number grows every day. Show me the freeging oil the world desperately. Trump can’t shit more oil thankyou for your service make America great again. Its very simple oil emergency reserves are drying up the world oil. And unfortunately 70% of the world transportation and electric generation runs on fossil fuels. The ships, planes, trucks, heavy equipment all run on oil. And the factories and farms and high tect all run on productes that can only be sourced from oil and natural gas. So i dont care how much blue sky they are blowing up your ass or how much bullshit you are sucking in from your holes YOU ARE FUCKED ROYALLY!
Their is no fuel coming for your vehicles. No food without fertilizer. No electricity coming down the wire. No chemicals, no plastics no chips without helium, no computers epoxy resin circuit boards, cell phones abs poly carboniate, data centers natural gas or diesel for back up generators, no cell phone towers energy,… Shit they will not be able to manufacture bullets no acetone for manufacturing smokeless powder, no bombs . no epoxy resins to make modern jets no fuel to fly panes. NO RP1 rocket fuel to launch never mind the fossil fuel base binders for the solid boosters. No solar panels becase they use EVA to seal the cells. No electric car batteries no polymer separators for the cells. No epoxy to build electric car motors. No highways and roads because no asphalt, No roofs because no shingles and synthetic rubber membranes. How about car tires no carbon black and no synthetic rubber. No medicines they need benzine, ethaline, propylene, toluene, Ethelene oxide to name a few. In you local hospital no medical grade plastics or the energy to run them. In construction no PVC FOR PIPES. NO fuel to quarry the minerals for aggregates, no fuel for the kilns for cement production. No light sensitive polymers for chip manufacturing. No plastics for cars which is 15% of their construction by weight, not steel or aluminum they use tremendous amounts of fossil fuels. 100% of aluminum production uses fossil fuel based electricity.
Welcome back to 1790.
So tell me about your solar panels, food and chemicals reserves, spare equipment and parts. Are you ready to fight off your starving neighbors. Can you outlast Iran. Did your leaders warn you about the critical shortages? Are you living in a Disney Land bubble?
