Dollars and Sense The World Has More Crude Oil Than It Can Use — and Still Can’t Make Enough Gasoline, Diesel, and Jet Fuel to Go Around The world isn't short of oil — it's short of refineries, and two wars are why cheap crude won't mean cheap gas anytime soon. Caleb LarsonJuly 17, 2026
Military Hardware: Tanks, Bombers, Submarines and More Iran Fired on US Bases Across Bahrain, Kuwait, and Jordan — and Now Claims It Destroyed American Radars in Oman Too Iran fired missiles and drones at US-linked bases across Bahrain, Kuwait, and Jordan, and the IRGC claims it destroyed American radars in Oman. Trump... Steve BalestrieriJuly 16, 2026
The Treaty Europe and the Gulf Just Drew a Legal Red Line on Hormuz — No Permits, No Tolls, No Exceptions, for Iran or America The IRGC threatened to halt all regional oil and gas exports — 'either for everyone or for no one' — as CENTCOM struck Iran's... Jack BuckbyJuly 15, 2026
Dollars and Sense The U.S.-Iran War Is Now a Race Between Iran’s Oil Bankruptcy and America’s Empty Missile Racks — and One Clock Stops Friday The U.S. and Iran traded their heaviest blows yet over the Strait of Hormuz this weekend — roughly 140 Iranian sites struck, American bases... Harry J. KazianisJuly 13, 2026
Military Hardware: Tanks, Bombers, Submarines and More ‘We Can Knock Down Their Bridges in One Hour’: Donald Trump Just Threatened to Restart the Iran War Iran fired missiles at commercial ships in the Strait of Hormuz after warning that vessels off its approved routes would be shot at —... Isaac SeitzJuly 7, 2026
Dollars and Sense Trump Warned the World Runs Out of Oil Reserves in Four Weeks: Then Two Tankers Were Hit and the Strait Started Closing Again The Strait of Hormuz was finally reopening — then two tankers were attacked, the U.S. struck Iran again, and shipping collapsed from 70 crossings... Jack BuckbyJune 29, 2026
Dollars and Sense The U.S. Oil Reserve Just Hit Its Lowest Level Since 1983. China’s Holds More Than a Billion Barrel The Strait of Hormuz is reopening — but the crisis may have changed the oil market for good. The US Strategic Petroleum Reserve just... Jack BuckbyJune 16, 2026
Dollars and Sense Even If the Iran Deal Is Signed This Week, the Thing It Broke Won’t Be Fixed A deal in Geneva would end the war — not the lesson. For three months the world watched a fifth of its oil hang... Jack BuckbyJune 13, 2026
Dollars and Sense Oil Prices Just Dropped on Hopes of an Iran Deal. The Real Reason Is Something Else Entirely Oil prices fell again on Tuesday in response to comments by U.S. President Donald Trump indicating that a deal with Iran was close. Speaking... Jack BuckbyJune 9, 2026