Oil Rises, 3 More Warships Dispatched To Mideast; Trump Blasts NATO

Oil Rises, 3 More Warships Dispatched To Mideast; Trump Blasts NATO

BY TYLER DURDEN

Summary

  • Oil rises on news of a second massive Marine deployment toward Gulf in a week, as Trump calls NATO a ‘paper tiger’.

  • IRGC contradicts Bibi: says missile production is ongoing, is of “no concern” – even as IRGC spokesman Ali Mohammad Naeini is reported killed.

  • Energy war ongoing: Major sites damaged across the region – Haifa refinery hit, Qatar LNG output cut 17%, Kuwait facilities ablaze.

  • Kharg Island escalation looms: Trump admin weighing seizure of Kharg Island to reopen Hormuz; Thousands of Marines in route, reports of low US jet strafing runs over strait.

  • Signal of zero restraint from Ayatollah & FM: Iran sends warning if energy sites are hit again, leadership structure grows opaque; supreme leader says enemies will be denied security.

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Trump Blasts ‘Paper Tiger’ NATO; Three More Warships Dispatched to Mideast

The President has again expressed his frustration at lack of direct NATO participation in a plan to open up the Strait of Hormuz. He declared the US has “militarily WON” – and lambasted lack of allied interest in a “simple military maneuver” to open the Strait of Hormuz.

Meanwhile, oil is rising on news of a second massive Marine deployment toward Gulf in a week, WSJ is reporting:

The Pentagon is sending three warships and thousands of additional Marines to the Middle East, even as President Trump insists he won’t put American boots on the ground in Iran, according to U.S. officials.

Roughly 2,200 to 2,500 Marines from the California-based USS Boxer amphibious ready group and 11th Marine Expeditionary Unit are heading to the U.S. Central Command, responsible for all American forces in the Middle East, the officials said.

Crude Futures as WSJ headline hit…

IRGC Says Missile Production Intact, Contradicting Netanyahu

On day 21, the Iran war shows no signs of abating. Iran’s IRGC spokesperson Ali Mohammad Naeini was reportedly killed in an Israeli overnight strike, another high-level hit as the decapitation campaign grinds on.

However, Iran’s Revolutionary Guards said on Friday that the Islamic republic has continued to produce missiles despite the war with Israel and the United States. This directly contradicts Israeli PM Netanyahu’s assertions from the day prior…

CONTINUE READING ARTICLE FROM ABOVE SUMMERY...

Header featured image (edited) credit: FB open public card. Emphasis added by (TLB) editors

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