Oil Tops $80. Iran War Spillover Compounds, Hopes Of Quick US Victory Fade
US Senate voted 53–47 to block an effort to limit Trump’s Operation Epic Fury, allowing the campaign to continue…
BY TYLER DURDEN
Summary:
US oil tops $80 a barrel for first time since January 2025. White House tapping advisors for ideas on lowering gasoline prices in wake of US attack on Iran.
Shanghai brent futures, in dollars @1335ET
President Trump told Axios in an interview Thursday that he needs to be personally involved in selecting Iran’s next leader — just as he was in Venezuela.
Trump supports Kurds launching an offensive in Iran, tells Reuters: “I think it’s wonderful if they want to do that.”
Little Azerbaijan talks big: President reportedly announced his country’s army is planning an assault on the regime in Iran, as a direct response to the Iranian drone attacks.
Qatari fighter jets intercepted Iranian bombers that came within minutes of striking al-Udeid, the largest US military base in the Middle East: CNN
At least 1,230 Iranians killed since Saturday in actions increasingly described as a regime-change operation, as war widens into Lebanon, Gulf targets pounded, and even Azerbaijan sees first Iranian drone strike – shuts airspace. Iran says over 3,600 civilian sites damaged. Also more missiles on Dubai. At least six US troops killed, but Pentagon has not released new casualty updates.
US Senate last night voted 53–47 to block an effort to limit Trump’s Operation Epic Fury, allowing the campaign to continue as Washington signals deeper strikes inside Iran.
WH hopes for ‘quick victory’ fade as it widens geopolitically/economically, with US allies weighing involvement, NATO intercepting a missile heading toward Turkey, evacuation operations underway across the region.
European countries send naval assets to Cyprus, Italy sends ‘defensive’ equipmentin wake of Iranian-made drone attacks on UK base.
Iran’s ‘Missile Cities’ a threat, but WSJ says “US and Israeli war planes and armed drones are circling over the dozens of cavernous bases, striking missile-carrying launchers when they emerge to fire.”
UN says 20,000 seafarers, 15,000 passengers stuck in Gulf as State Dept and others initiate evacuation plans.
Israeli military says it knocked out 300 Iranian ballistic missile launchers, but Tel Aviv also got pummeled overnight as many projectiles made it through air defenses.
Trump: “We have a lot of winners, but Spain is a loser, and UK has been very disappointing.”
Price of US oil benchmark up more than 5% due to US-Israel war.
Deposed Sha’s son Reza Pahlavi calls for Iranian officials to ‘hand over power immediately’ – also amid reports that US/Israel might purse Kurdish proxy ground op.
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Among the ongoing flurry of war headlines, one which just broke via Axios provides the world with a better picture as to the future trajectory of the US-Israeli ‘regime change’ operation in Iran…
Header featured image (edited) credit: ZH X account open card. Emphasis added by (TLB)
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