Author Archives: Yves Smith

Iran War: US Attacks Iran for Second Day as Trump Rejects Leaked Iranian Outline of Terms, Threatens to Bomb Oman; US Draining of Strategic Petroleum Reserve to Contain Energy Prices Means Energy Cliff Arrives Sooner

Today’s Iran war update: The US and Iran trade blows as Trump forcefully rejects fundamental Iran demands and Israel pounds Lebanon.

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Iran War: US and Iran Exchange Fire as Trump Reveals Extent of Israel Capture With Barmy Abrams Accord Proposal; Continued Denial of Approaching Energy Crunch After Reserves Depleted

Iran war news: Negotiations are supposedly advancing despite a US attack, a fiery Khamenei speech, and Israel declaring “full war” in Lebanon

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