Military Hardware: Tanks, Bombers, Submarines and More The U.S. Naval Blockade Cannot End the Strait of Hormuz Crisis — China Buys 90% of Iran’s Oil and Has Not Pulled Back Since the February 28 strikes on Iran, traffic through the Strait of Hormuz has fallen to roughly 5% of pre-war levels. That removes approximately... Andrew LathamMay 12, 2026
Dollars and Sense The Bank of England Governor Just Warned of a ‘Very Big Energy Shock’ From the Iran War — UK Summer Travel May Be Disrupted It has been ten weeks since the first U.S.-Israeli strikes on Iran, and the global economy is still awaiting the full bill. Iran’s deliberate... Georgia GilholyMay 11, 2026
Dollars and Sense The World Is Losing 100,000,000 Barrels of Oil Per Week — Even the IEA’s Largest-Ever Strategic Reserve Release Cannot Keep Up Saudi Aramco CEO Amin Nasser warned Monday that the world is losing approximately 100 million barrels of oil per week. Tanker traffic through the... Jack BuckbyMay 11, 2026
Dollars and Sense JPMorgan Iran Warning: Global Oil Reserves Will Hit ‘Operational Stress’ Levels by August From the Strait of Hormuz Blockade The Strait of Hormuz has been effectively closed for over two months due to the Iran war. The damage is spreading well beyond oil... Harrison KassMay 11, 2026
Dollars and Sense Hormuz Oil Crisis: 1,000,000,000 Barrels Have Vanished From the Global Market Due To Iran War — Pakistan Has Only 20 Days of Supply Left Up to 1 billion barrels of oil supply have been removed from the global market. The Strait of Hormuz has been effectively closed for... Brent M. EastwoodMay 11, 2026
Military Hardware: Tanks, Bombers, Submarines and More Iran’s Demand: War Reparations From the U.S. to End the Conflict — Trump Called It ‘Totally Unacceptable’ Ahead of His Xi Meeting President Donald Trump rejected Iran’s latest proposal to end the U.S.-Iran war. Tehran’s demands include U.S. war reparations, full Iranian sovereignty over the Strait... Brent M. EastwoodMay 11, 2026
Military Hardware: Tanks, Bombers, Submarines and More ‘Beaten-Up Supercarrier’: Aircraft Carrier USS Gerald R. Ford Could Be Out of Action for 2 Years “This is one truly beaten-up supercarrier. My gut tells me that the USS Gerald R. Ford is in worse shape than we know in... Harry J. KazianisMay 10, 2026
Military Hardware: Tanks, Bombers, Submarines and More Before Operation Epic Fury Was the 1988 Operation Praying Mantis — The U.S. Navy Sank 9 Iranian Vessels in a Single Day Decades before Operation Epic Fury, the United States and Iran fought a one-day naval battle in the Persian Gulf that ended with nine Iranian... Isaac SeitzMay 8, 2026
The Treaty ‘The Market Hasn’t Seen the Full Impact’: The Iran War Could Create a Historic Oil Crisis Three U.S. destroyers came under Iranian missile, drone, and small-craft attack Thursday in the Strait of Hormuz — day 69 of a war the... Reuben JohnsonMay 8, 2026