- make sure fuel prices increase globally
- The US economy is relatively well-shielded from the fallout by its own fossil fuel sources, local and in colonies like Venezuela.
- export more US fossil fuels, especially to Europe, at inflated prices. US insiders reap the profits.
- further kneecap European competitiveness in energy intensive sectors, steal market share. Oh well, small gift to China here too, but still a net win for the US.
The ICE recruits are raising the bar.
Oh and now the FBI can consider those with a background in bestiality, so lots of fresh talent there
We had a retard in the Oval Office 2017-2021 surrounded by "the deep state" (i.e. career managers of the ultra-complex organization called "the government"), and politically constrained by Congress.
Now we have that same retard, but supported by vast purges of aforementioned managers, and politically unconstrained by the cultists and cowards (the two forms of GOP representative) in Congress.
> https://www.wsj.com/politics/national-security/iran-war-warn...
We dont have to imagine this. We kind of see both variants in the open.
I am amazed that this mentality is still prevailing in centrist Democratic circles even to this day. It really shows just how much the K-shaped economy warps peoples views on the world. The Dems have suffered no pain since Trump hit the political scene 10+ years ago. They are financially rock solid for life, they can take a vacation while Trump lashes out and be the 'resistance'. Then when the next Obama/Biden comes in they can be super kind and inspiring but do nothing meaningful. They fail to see how twice Obama voters voting for Bernie and then switching to Trump had helped to cause the mess we are in today. Cater to their needs for once...but the Dems don't ever want to do that.
When all is said and done it will be he, not AOC or Bernie or any "Green New Deal" folks, that will be remembered by history as the president who did more to get people off fossil fuels than any other.
George Friedman, The Next Decade
Seems to be in contradiction.
Iranians were rioting against the regime, Israel intelligence handed the US a report that the collective "Head" of the Iranian regime will be all together at one place, at one time.
Cut off the head, and the rioters riding high on the win will topple the rest. Coming off of the swift clean victory in Venezuela, and Trumps incredible desire to put feathers in his cap, it was an irresistible proposition.
So he decided to cut off the head, which was successful. The miscalculation however was that the rioters got scared/apathetic rather than motivated. The power vacuum was filled by the same people who were there before. I'm sure Mossad and the CIA were probably on the ground trying to ground swell support, but evidently it didn't happen.
Killing a few heads of Iran was known to not be an effective strategy, because the power is in the hands of the IRGC as an institution and large group, not the figureheads. This is especially hilarious when the Trump admin was so freaking stupid, they couldn't figure this out even after it didn't work the first time. They continued trying to kill random figureheads as if that plan would have had more success if you killed people nobody had previously heard of.
None of this is "miscalculation" or bad luck or taking a reasonable gamble. It's stupidity. There was not evidence to believe this plan had a strong chance. There was no organized resistance. Claims of supporting the Kurds, a group the Trump admin has fucked over more than once (nit: Other Kurds, they aren't a single group), happened only after the war was already going tits up and involved absurd tweets about "dropping them weapons" as if that's just a thing you can do on a whim and as if the Kurds themselves were willing, ready and able to resist the Iran regime.
We did not "Cut off the head" in Venezuela. We conspired with insiders to replace one figurehead with another. It was not a victory except for extremely weird people who think abducting a foreign head of state is somehow a good thing.
The Pentagon was actively telling the admin all of this, which is why some of them were fired.
What happened was even dumber than this absurd post-hoc rationalization: Israel was fucking pissed after Oct 7th, which is reasonable, and decided that "Mowing the grass" was done, and they were going to Finally fix this. They planned to attack Iran. Their strikes over the next year were done to enable this. Shortly before their planned attacks were to start, Bibi came to Trump and told him about this Righteous war they were about to do and got it in Trump's mind that it would be good for the US to look Strong if they attacked first, as Iran would probably attack US bases in retaliation anyway, and may end up pulled in regardless. IE, there's a chance Kamala would also have gotten sucked into this quagmire in some fashion, depending on how Iran had reacted to just Israel's strikes. Nobody was in a strong position to tell Israel "No, don't start this war, that's stupid, it's stupid, you've already neutered all the proxy groups, just take your victory and go home"
This is Israel's war. They don't mind the straight being screwed up. They don't mind the world economy falling down.
I prefer the version where Bibi quietly threatens Trump with videos/etc from his island vacations.
Negative externalities:
- loss of trust
- loss of evidence based policy
- loss of long-term planning
- loss of talent
- financial loss for almost all except the rare insiders
A rise in crude prices might pay off for a small country that lives almost exclusively off it (say, Saudi Arabia, in the hyphotetical case that it could keep exporting as normal) but for the US? I don't think it does. Surely, Europe is more exposed than the US and will suffer even more, but this is not a zero-sum game.
So I don't think it's an elaborate plan, it's just Trump being reckless as usual.
The fun part about this is that it shows what people actually care about.
What happens if petroleum prices go up? People use less. It's the entire premise of a carbon tax. Fuel costs more so people buy a hybrid or electric vehicle, power utilities find renewables or nuclear more attractive relative to natural gas, etc. In a market economy this is the primary way to get people to switch from something to alternatives -- which is pretty important if you think climate change is a problem.
This is obviously not why Trump is doing it, but it's the consequence of it anyway. So now we get to see what people care about. Do you like higher oil prices because it speeds up the transition away from fossil fuels, or dislike them because of who it is that caused it this time?
The Venezuela comment is extremely weird. You know Venezuela has negligible production, right, and that it would take 100s of billions of investments, over decades, to get reasonable production that would make a difference. That's ignoring that currently there is a laughably illegitimate puppet government -- literally just Madero's government minus him, as they did the coup with the US -- that has a 100% chance of a violent overthrow in the future. Which is exactly why all of the oil companies are shrugging and saying no thanks.
Venezuela is a farce -- much like $5000 "dividend" for a government literally on the precipice of bankruptcy, as Bessent runs around, near tears, trying to convince everyone that they're the house and he's the big dog German Shepherd instead of the face of a failing empire having its last pathetic gasp, to laughter all around -- that Trump thinks gives him leverage against Canada. It is unbelievably pathetic business, like renaming a 400+ year old name on a lake like a little bitch.
There is zero scenario where this has benefitted the US, but a drunkard incompetent secdef (sorry "secwar") convinced a foolish demented rapist, who already had Israel whispering in his ear, how easy and painless this foolish debacle will be.
ROFL.
The truth is probably much more multi-headed - though hard to see how the US would have gone to war without some assessment of their own energy situation.
When Iran hit some of Exxon's oil facilities in Saudi Arabia, their stock actually shot up. Because they have an even greater investment in LNG in Texas which are now incredibly valuable
That can't end well?
oil spiked and then crashed during the gulf war & the iraq war in 03.
the gulf war probably because of western price control methods kicking in, the iraq war because of an increase in confidence that the region would produce oil after western 'securing' of oil fields allowing further volume investment from the UAE and friends.
I guess it really just depends on what the definition of 'regional disruption' is.
This hurts Europe more than Asia.
The UK, France, Italy, Netherlands, Denmark, and others are similarly opposed to the Houthis having conducted airstrikes on the Houthis (eg. 2025) as well as helping target them directly or indirectly.
And a large portion of global shipping is owned by Greek conglomerates - a country that is a close ally of Israel.
Most GCC states also have some form of defense agreement with the UK or France. If those turn out to be meaningless, it reduces their incentive to cut preferential deals with European states.
Additionally, this further enhances Turkiye and Pakistan's hand, as Saudi Arabia has signed defense pacts with both and Pakistan has threatened action against Iran yesterday if further incidents threaten Saudi Arabia. If they were able to dislodge the Houthis without direct European intervention, then it is a massive black stain on the EU's power projection capacity and it's claim that it should be treated as a great power. It also gives Turkiye additional leverage against the EU.
Finally, the Houthis struck the East-West Pipeline [0]. Much of the KSA's oil is in Eastern Saudi Arabia around Dhahran. Most large Asian states like China, India, Japan, and South Korea have continued operations in Iran that allowed them continued passage. European states lack access to GCC oil as a result of Perim island being controlled by the Houthis.
[0] - https://www.reuters.com/world/middle-east/yemens-houthis-rea...
Be it the Ukranian conflict, the ME crisis, the NA wars and instabilities, etc. The EU is the one that geopolitically speaking lost the most.
Unless they're full puppets for foreign interests, I simply do not understand how they could leave foreign actors to dictate policies that affect thier own territory and enterprises without any sort of critical thought.
But even then, they could not have possibly been all mere puppets. And yet.
When the UK left the EU and France+Italy were in the midst of their economic doldrums due to the Eurozone crisis, this left the hard power states within the EU comparatively weakened.
But the collapse of Minsk II and the ongoing war in the Middle East led to a cascading crisis for a unified Europe.
It's business and by now it should be clear to anyone that there's no morality involved in this space.
There's nothing wrong with Russia as energy partner, as long as you don't shoot yourself in the foot by blowing up the alternatives. South of EU had proper energy supplies from ME/NA. For example crisis in ME was mitigated by Russian energy or NA energy (Algeria, Tunisia, Lebanon, etc).
The new hegemons like Turkey, Israel, etc came only later, yet we can't say they're Saints can we? Also to appease the US administration line a lot of green energy projects were put on hold, and were only restarted this year after the Hormuz situation.
The only real explanation is shortsightness for personal interests (but even then you'd have to have all your capitals abroad), or being a tool for foreign interests.
Of course we should have gone for renewable energy more forcefully, but that wouldn't have resolved the issue. That change will take time, and you can't arbitrarily accelerate it.
Sure, the environment, etc but Europe hasn't invested strategically in that, either. China has.
https://www.ffe.de/en/publications/merit-order-shifts-and-th...
Nuclear is cheapest, then lignite, then hard coal, and then gas. Germany phased out the cheapest option first, now continues with the second, and is expanding the most expensive.
The obvious choice would have been to do what China and India are doing - phase out gas power first and focus on electrification. But Europe did the opposite.
EU opposes the Houthis because they are a horrifying slave state that distributes children as sex slaves to their troops.
EU opposes Russia because it is a horrifying fascist dictatorship that has repeatedly invaded it's neighbors, and constantly talks about it's historical claims to EU territory.
In the NA conflicts it's harder to draw such a clear line, because the conflicts typically have about 15 sides each, but the basic algorithm you can use is generally that EU tries very hard to pick sides based on morality, not geopolitical interests.
The EU is like the US, it does business with vile and despicable people if it is in its own interest.
It's an open secret that Russian money is deep, deep in European politics.
The European parliament has been bought 10 times over by the lobbies.
See https://www.theguardian.com/world/2014/may/08/lobbyists-euro...
"By some estimates, they influence 75% of legislation"
> But even then, they could not have possibly been all mere puppets. And yet.
Even if the lobbying was not reason for all the bad decisions of the EU, the EU parliament has no way to actually propose any laws on its own. All the laws emanate from the commission which is also bought and paid for by you guessed it, the lobbies.
1.How do they pay Iran considering the sanctions? 2.Do you think EU shouldn't sanction Iran even though they violated NNPT and their terrible record on human rights because Iran can threaten them with a sufficient price?
> a country that is a close ally of Israel
Are they? They never sent a single weapon or soldier to help israel, they have no formal or informal mutual defense agreement. Israel buy no military equipment from Greece. You mistake mutual interest because of a common enemy - Turkey to close alliance.
2. I agree. I'm just being prosaic as to why European states are in the pickle they are today.
3. They are closely entwined via logistics, but Cyprus would be an even closer Israel-Cyprus ties. The reality is, the Saudi-Turkiye-Kuwait-Pakistan alliance is a direct reaction to the Israel-Greece-Cyprus-UAE-India cooperation or the now signed Israel-Greece-Cyprus trilateral.
I don't expect a war to happen, but Iran will double down support for Afghanistan as well as lay the red carpet for India to continue operating in the country.
[0] - https://en.wikipedia.org/wiki/2024_Iran%E2%80%93Pakistan_cro...
[1] - https://quwa.org/pakistan-defence-news/pakistan-iran-mediati...
It doesn't matter if in Texas wells are producing it at a penny for barrel, if the global prices are high that oil is going to be sold to Philippinos, Japanese, Italians or South Africans.
So, at the same time, it doesn't matter if some new routes open or close, it doesn't particularly favor one or the other buyer, it's still sold globally on a bid.
In any case, bad idea if other retaliate with their exports.
Also, US cannot really use the oil it produces, because it can refine very little of it.
Any export ban would require massive investments.
The US refines heavy oil that's harder to refine and hence more profitable to import since it has few buyers.
Instability is instability. Oil is fungible.
There’s no reason to think someone else won’t escalate this further disrupting supplies even more. That will push prices up.
Even if they don’t, if oil can’t get through this straight it will have to go somewhere else, which will increase shipping traffic and demand for “your oil” right? And wouldn’t that also push up prices?
The Iranian-backed Houthis also struck the Saudi East-West oil pipeline [0], pumping stations and refining capability. Reductions in export output initially estimated around 700,000 barrels per day now missing from the market.
[0] https://oilprice.com/Latest-Energy-News/World-News/Saudi-Oil...
GCC will have to talk to Iran now, there is no reasonable way out of this quagmire other than a regional accommodation with Iran. Talk about a regression but here we are.
And against, not with, Western Europe?
So being prices down where, in eastern Europe?
I suspect they would sooner curtail production rather then sell at a discount due to route restrictions.
Brazil isn't risk-free. There are environmental, political and logistical risks, but its oil production is geographically removed from the principal Middle Eastern conflict zones and its exports can help diversify global supply.
https://www.reuters.com/business/energy/chinese-refiner-sino...
https://www.reuters.com/commentary/reuters-open-interest/why...
https://www.thetimes.com/business/energy/article/hormuz-cris...