Iran War and the Impact on Oil

[Atilla]

China invokes anti-sanctions law to counter US blacklisting of refiners

China has, for ‌the first time, invoked a law targeting companies that comply with foreign sanctions it rejects, escalating a pushback against the U.S. blacklisting of several oil refineries over purchases of Iranian crude.

www.reuters.com

 

[timsk]

China invokes anti-sanctions law to counter US blacklisting of refiners

China has, for ‌the first time, invoked a law targeting companies that comply with foreign sanctions it rejects, escalating a pushback against the U.S. blacklisting of several oil refineries over purchases of Iranian crude.

www.reuters.com

That'll give Trump and Xi Jinping something to talk about next week when they meet next week!

 

[IlIlIlIlI]

May 5: Iran activates new Strait of Hormuz transit system as US blockade ends in failure

Iran tightened its control over the Strait of Hormuz, rolling out a formal mechanism for regulating maritime traffic through the world’s most sensitive oil chokepoint.

www.presstv.ir

Iran warns UAE: Refrain from aligning with aggressors

The Foreign Ministry calls on the UAE to discontinue its alignment and cooperation with the parties that are hostile towards Iran.

www.presstv.ir

Irans parl. speaker calls US medias bluff about pending arrangement with Tehran

Iran

www.presstv.ir

May 6: Iran consolidates diplomatic, military leverage as Trump pulls plug on Project Freedom

Iran continues to consolidate its diplomatic and military leverage, even as Trump announced the premature end of the offensive aimed at forcing open the Strait of Hormuz.

www.presstv.ir

‘Project Freedom’ runs aground in Hormuz Strait

TEHRAN - President Donald Trump’s decision to pause the so-called “Project Freedom” lays bare his desperation to open the Strait of Hormuz through military force.

www.tehrantimes.com

U.S. Army Says F/A-18 Fighter Jet Opened Fire At Iranian Tanker

United States forces operating in the Gulf of Oman enforced blockade measures by disabling an Iranian-flagged unladen oil tanker attempting...

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Iran Shot Down U.S. MQ-9 Combat Drone Over Qeshm Island (Videos)

Iranian air defenses have apparently shot down an MQ-9 Reaper combat drone of the United States military over Qeshm Island...

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Trump Dresses His Persian Gulf Fiasco as American Triumph​

 

[IlIlIlIlI]

‘Iran fought a heroic battle’: US disaster in Strait of Hormuz detailed

Iranian parliament advisor Mehdi Mohammadi say IRGC and army navies inflicted a major military disaster on the US in the Strait of Hormuz, disabling four vessels and forcing Trump to halt "Project Freedom."

www.presstv.ir

Riyadh Blocks US Operation Against Iran as Saudi-American Alliance Shows Cracks​

US Plans to Restart Project Freedom This Week - Reports

US Plans to Restart Project Freedom This Week - Reports

sputnikglobe.com

U.S. Hormuz Stunt Fails

An attempt by the United States to open the Strait of Hormuz by force has failed after a fierce response...

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Egypt Deployed Rafale Fighter Jets To UAE

Egypt has deployed fighter jets in the United Arab Emirate in what appears to be an effort to help guard...

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[Atilla]

The war seems to be kicking off again.

Iran says it attacked US Navy ships after they targeted Iranian tanker

US military says it intercepted and responded to 'unprovoked' Iranian attack, stressing that it doesn't seek escalation.

www.aljazeera.com

 

[IlIlIlIlI]

The war seems to be kicking off again.

Iran says it attacked US Navy ships after they targeted Iranian tanker

US military says it intercepted and responded to 'unprovoked' Iranian attack, stressing that it doesn't seek escalation.

www.aljazeera.com

Iranian forces strike US vessels in swift retaliation for tanker attack: Top military comm

A spokesperson for the Khatam al-Anbiya Central Headquarters said Thursday that Iranian forces delivered an immediate, decisive response to US military aggressions in the Strait of Hormuz and along Iran

www.presstv.ir

US destroyers flee Strait of Hormuz after massive Iranian missile and drone barrage: IRGC Navy

IRGC Navy says its forces inflicted significant damage on US naval assets in a large-scale combined operation on Thursday evening, forcing three American destroyers to flee the Strait of Hormuz.

www.presstv.ir

Iran Ambushes Three U.S. Destroyers In Strait of Hormuz

Iran announced early on May 8 that it had retaliated after the United States violated the ceasefire by targeting two...

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[timsk]

Jaw dropping interview with Max Bumenthal of the Greyzone.
Be sure to watch to the end where Max outlines how the rights and free speech of U.K. citizens have been completely corroded by our corrupt government and exposes what really happened with the two knife attacks in Golders Green.

A bit more meat on the bone from Max in another interview regarding the same story about attacks on the jewish community in the U.K.

 

[IlIlIlIlI]

Thai Land Bridge to Skirt Malacca Strait Gains Traction as US Weaponizes Waterways

Long dismissed as unfeasible, the project to bridge the Indian and Pacific Oceans across southern Thailand has now become significantly relevant.

sputnikglobe.com

Irans firm response to new US maritime aggression proves Strait of Hormuz has only one master

Iran

www.presstv.ir

Iran blasts US ceasefire violations, says Washington trapped in ‘self-created quagmire’

Iran

www.presstv.ir

Iranians never bow to pressure, says Araghchi after US ceasefire violations

Araghchi has warned that the United States tends to resort to military adventurism precisely when a diplomatic solution appears imminent.

www.presstv.ir

Iran still reviewing US war-end proposal, dismisses American deadline pressure

Iran says it is still reviewing its response to a US proposal to end the war, but pays no heed to any deadline in this regard.

www.presstv.ir

Iran Navy seizes oil tanker Ocean Koi off Gulf of Oman over maritime violations

The Iranian Navy seizes the Ocean Koi oil tanker in the Gulf of Oman for attempting to disrupt Iran’s oil exports.

www.presstv.ir

U.S. Strikes Hit Two Iranian Tankers In New Escalation (Video)

The United States Central Command (CENTCOM) announced on May 8 that its forces disabled the tankers Sea Star III and...

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US Chooses Reckless Military Gamble Every Time Diplomatic Solution on Table - Araghchi

Washington chooses a reckless military gamble every time a diplomatic solution is on the table, Iranian Foreign Minister Abbas Araghchi said on Friday.

sputnikglobe.com

 

[timsk]

It's good to know the war is going according to plan for some . . .

https://twitter.com/x/status/2052016279746195616

 

[Atilla]

It's good to know the war is going according to plan for some . . .

https://twitter.com/x/status/2052016279746195616

War is always about business.

Killing people and destroying buildings are not cheap.

Manufacturing Costs by Caliber
Production costs for the military provide a baseline for high-volume manufacturing:

• 9mm Luger: Approximately $0.13 to $0.61 per round.
• 5.56 NATO: Ranges from $0.11 to $1.57, with costs decreasing as production efficiency ramps up.
• 7.62mm: Approximately $0.73 to $2.48 per round.
• .50 Caliber: Significantly higher at $1.04 to $7.25 per round.
• 155mm Artillery Shells: Large-scale munitions can cost upwards of €3,300 (~$3,500) per unit. [1, 2, 3]

Key Cost Drivers
The manufacturing of ammunition is a high-volume, low-margin business where profitability depends on scale. [1]

• Raw Materials: Lead, brass (copper/zinc), and gunpowder are the primary expenses. Lead rod for bullets or bulk lead for casting is a major component.
• Propellant: Smokeless powder can be produced at bulk rates, with some basic types like black powder costing less than $2 per pound to manufacture.
• Facility & Machinery: Setting up a commercial-grade factory requires millions in startup capital for automated casting, milling, and quality-testing equipment.
• Regulatory Compliance: Manufacturers must pay for specialized licenses (e.g., FFL in the U.S.), batch testing at proof houses, and extensive record-keeping. [1, 2, 3, 4, 5]

This then brings us to the value of human life? Less said the better I guess. 😢

 

[IlIlIlIlI]

Iran says reserves right to self-defense, protection against USs hostile naval maneuvers

Iran

www.presstv.ir

UFOs as Cover: Why the Pentagon Just Released Its Secret Archive

On May 8, the Pentagon released a substantial archive of files related to unidentified flying objects (UFOs). The archive contains...

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US intel community agreed Iran was not developing nukes before war: Ex-NCC chief

The US knew Iran was not developing a nuclear weapon before its attack, says the Trump administration’s former “counterterrorism” chief.

www.presstv.ir

US imposes sanctions on Chinese firms over alleged aid to Irans defense sector

The US Treasury Department imposes sanctions on ten individuals and companies for their alleged involvement in helping Iran obtain weapons and the necessary raw materials for its Shahed drones and ballistic missiles.

www.presstv.ir

Israeli settlers burn homes and cars in brutal West Bank raids

Israeli settlers have launched another wave of raids in the occupied West Bank, setting fire to Palestinian homes and cars.

www.presstv.ir

Israeli strikes on southern Lebanon kill 20 more civilians

At least twenty people have been killed in the latest Israeli airstrikes against southern Lebanon, despite a ceasefire between the Beirut government and the Tel Aviv regime.

www.presstv.ir

Revolution that Western pundits ignore: 70 nights and counting – of epic rallies across Iran

Despite Western pundits predicting the collapse of the Islamic Republic, millions of Iranians have voluntarily filled the streets for 70 nights, blending religious devotion and patriotism in a powerful revolutionary momentum that foreign experts conveniently ignore.

www.presstv.ir

Senior Iranian MP warns Bahrain not to risk closure of Hormuz Strait forever

A senior Iranian lawmaker has warned Bahrain and other governments not to risk the closure of the Strait of Hormuz “forever” by supporting a US-led UN resolution against Iran.

www.presstv.ir

Strategic quagmire: US trapped between failed military options and untenable peace terms

America finds itself bewildered and trapped between failed military options and unacceptable peace terms, scrambling desperately for an exit, while Iran holds the initiative and calls the shots from strategic advantage.

www.presstv.ir

Intelligence forces bust two Mossad-linked terror teams across Iran

Iranian intelligence forces have identified and smashed two Mossad-linked terror teams following complex intelligence and operational measures across the country.

www.presstv.ir

Iran submits response to latest US proposal for ending aggression: Report

Iran’s reply to the US proposal is exclusively focused on initiatives to end the war of aggression.

www.presstv.ir

‘Restraint is over’: Iran warns decisive response to any attack on vessels

A senior Iranian parliamentary spokesman warns the United States and its regional allies not to sink themselves “deeper into the quagmire they have fallen into” in the Persian Gulf.

www.presstv.ir

Iran Pledges to Open 'New Battlefields' if US Attacks Again – Army Spokesman

Iran will scale up combat operations to new battlefields should the United States and Israel again start military aggression against Iran, Iranian army spokesperson Mohammad Akraminia said on Sunday.

sputnikglobe.com

IRGC To Hit U.S. Forces In Response To Any Attacks On Iranian Tankers

The Islamic Revolution Guard Corps (IRGC) Navy on May 9 warned the United States and its allies, saying that any...

southfront.press

Trump Wants to Resolve Conflict With Iran, Ready for Military Action - US Ambassador to UN

WASHINGTON (Sputnik) - US President Donald Trump wants to resolve the conflict with Iran diplomatically, but if that fails, he is prepared to resume hostilities, US Ambassador to the United Nations Mike Waltz said on Sunday.

sputnikglobe.com

Iran's Supreme Leader Announces New Measures in Conflict With US – Reports

Iranian Supreme Leader Mojtaba Khamenei has announced new measures to counter the United States and Israel during a meeting with Iranian armed forces Central Headquarters commander Ali Abdollahi, Iranian state broadcaster IRIB reported on Sunday.

sputnikglobe.com

US War on Iran Now Disrupts Global Fertilizer and Metal Supply Chains

The situation with Iran has led to problems with global sulfuric acid supplies, causing a sharp rise in its price, the Wall Street Journal reported.

sputnikglobe.com

Israel Set Up Secret Base Inside Iraq

Israel set up a secret military base in the Iraqi desert to support its aerial campaign against Iran, the Wall...

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[IlIlIlIlI]

Countries no longer intimidated by US aircraft carriers: Iranian general

A senior IRGC commander says US aircraft carriers are no longer a sign of existential threat for other countries.

www.presstv.ir

Saudi Aramco says Hormuz disruption removed 1 billion barrels of oil from global supply

The Saudi oil giant warns that energy markets will take time to stabilize even if flows resume immediately.

www.presstv.ir

US Will Destroy Anyone Who Approaches Iran's Enriched Uranium - Trump

The United States will destroy anyone who approaches Iran's enriched uranium stockpiles, US President Donald Trump said.

sputnikglobe.com

Military Situation In Iran On May 10, 2026 (Map Update)

A cargo ship was attacked 23 nautical miles northeast of Doha by an unknown projectile;The French aircraft carrier strike group Charles de Gaulle (R91) transited the Suez Canal and is heading toward the Arabian Sea;The UK Royal Navy HMS Dragon received an order to transit the Suez Canal to join...

southfront.press

Iran peace plan demands war compensation, recognition of sovereignty over Hormuz

Iran has submitted a comprehensive plan to end the US-Israeli war of aggression, insisting on full compensation for war damages and the lifting of all sanctions, according to an IRIB report.

www.presstv.ir

Israeli killers remain unpunished four years after Shireen Abu Akleh’s assassination

The family of Shireen Abu Akleh has said that no one has been brought to justice four years after the Palestinian-American journalist was shot dead by Israeli troops.

www.presstv.ir

Iran urges UN to list US officials behind attack on Dena destroyer as war criminals

Iran

www.presstv.ir

Iran says its proposal was generous as US insists on ‘unreasonable demands’

Baghaei says Iran

www.presstv.ir

US suffers total defeat in war against Iran, faces irreversible strategic collapse: Neocon analyst

In a mea culpa, neoconservative commentator Robert Kagan says the US suffered

www.presstv.ir

The golden Trumpian calf​

US Spending on War Against Iran Tops $77 Bln

The cost of the US military operation against Iran continues to grow and has already exceeded $77 billion by the 71st day of the operation, according to the Iran War Cost Tracker portal.

sputnikglobe.com

Trump Says Will 'Deal With' Current Iranian Leadership Until 'They Make Deal'

US President Donald Trump said on Monday that he will "deal with" the current Iranian leadership until the peace deal is reached.

sputnikglobe.com

With Irans armed forces at peak readiness and red lines locked, Trump walks into ring of fire

With Iran

www.presstv.ir

Iran Ready to Discuss Nuclear Issue With US When Time Comes - Foreign Ministry

Iran does not rule out holding talks with the United States on the nuclear issue in the future and is ready to discuss it when the time comes, Iranian Foreign Ministry spokesman Esmail Baghaei said on Monday.

sputnikglobe.com

Trump Says Diplomatic Resolution of Conflict With Iran is Still 'Very Possible'

US President Donald Trump said on Monday that a diplomatic resolution to the conflict with Iran is still "very possible."

sputnikglobe.com

Iran will defeat Trump in diplomacy as it did on battlefield: Leader’s advisor

Velayati says Iran defeated the US on the battlefield and will repeat that victory in diplomacy.

www.presstv.ir

Military Situation In Iran On May 11, 2026 (Map Update)

Iranian air defenses shot down a drone in the sky over Khuzestan province; On May 10, the commander of Iran’s...

southfront.press

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‘Los Narco-Bananeros’: Missing Links Behind The International Cocaine Trafficking Networks?

A recent series of reports attempted to construct an alternative conceptual and analytical framework for the study of key structural factors, stakeholders, political dynamics and market forces associated with the geopolitics of the illegal drug trade in Latin America. Given the almost universal...

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An Alternative Perspective on the Illegal Drug Trade in Latin America (Part II)

The Supply Chain behind the Cocaine Industry: Major Trafficking Routes and Distribution Networks Written by Daniel Edgar (READ PART I)...

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The Illegal Drug Trade in Latin America (Part III) – Regional Convergence: The Drug Trade, Armed Conflicts and Counterinsurgency Wars

The first two instalments of this report have covered a wide range of sources and information which strongly suggest that there have been numerous very powerful external interests, including both State and non-State actors, who have been actively involved in fomenting, facilitating, protecting...

southfront.press

 

[IlIlIlIlI]

Iran sets five conditions for nuclear talks

TEHRAN - President Donald Trump has rejected Tehran’s “reasonable and generous” peace proposal as Prime Minister Benjamin Netanyahu intensifies war rhetoric, despite the failure of the joint US–Israel war on Iran that began more than 70 days ago.

www.tehrantimes.com

India Rapidly Returning Its Significant Gold Reserves Back to Country - Reports

India is rapidly repatriating significant gold reserves from overseas vaults, The Economic Times newspaper reported, citing a report from the Reserve Bank of India.

sputnikglobe.com

Pakistan Is Sheltering Iranian Warplanes

Pakistan has been providing a safe haven for Iranian warplanes, even as it acted as a mediator between the Islamic...

southfront.press

Iran May Eye Enriching Uranium to 90% in Case of Repeated Attack by US - Lawmaker

Iran may consider enriching uranium to 90% in case of a repeated attack by the United States, Ebrahim Rezaei, a representative of the Commission on National Security and Foreign Policy of the Iranian parliament, said on Tuesday.

sputnikglobe.com

Iran sues US at Hague tribunal, demands war reparations for June 2025 aggression

Iran’s complaint at the Permanent Court of Arbitration calls for reparations for damages caused by the United States during the June 2025 aggression.

www.presstv.ir

Threats of new sanctions by ‘paper tiger’ EU never frighten Iran: Embassy

Iran’s embassy in Austria has slammed threats of new sanctions by the EU, saying such threats by the ‘paper tiger’ bloc will never frighten Tehran.

www.presstv.ir

UAE carried out ‘covert’ attacks against Iran during US-Israeli aggression: Report

The UAE conducted a series of “covert” attacks against Iran during the latest bout of US-Israeli aggression against the Islamic Republic, a report says.

www.presstv.ir

Strait of Hormuz now a 500-kilometer operational ‘crescent’: IRGC Navy

The scope of the Strait of Hormuz has been expanded, now stretching from the coasts of Jask and Sirik to beyond the Greater Tunb Island, an IRGC official said.

www.presstv.ir

German reluctance to back US war against Iran signals deepening transatlantic rift: Analyst

Germany’s reluctance to provide logistical support to the US in the war against Iran stems from a fundamental breakdown in the transatlantic alliance, says an analyst.

www.presstv.ir

Iraqi Popular Mobilization Forces Launch Operation After Reports Of Israeli Activities (Photos)

Iraq’s Popular Mobilization Forces (PMF) launched on May 11 a security operation across desert near the cities of Najaf and...

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Pentagon lowballs Iran war cost at $29 billion as real toll could hit $1 trillion

A senior Pentagon official has revealed that the war on Iran has already cost the United States approximately $29 billion since February 28.

www.presstv.ir

IRGC dismantles weapons smuggling networks affiliated with Israeli regime

The IRGC intelligence unit has neutralized five arms and ammunition smuggling networks affiliated with the Israeli regime.

www.presstv.ir

Military Situation In Iran On May 12, 2026 (Map Update)

Local sources in Iraq reported the intense activity of unknown fighter jets over Baghdad;On May 10 and 11, a US F‑35 fighter jet transmitted emergency code 7700 while flying over the Gulf of Oman and made an emergency landing at Dhafra Air Base;The US Navy has currently deployed two aircraft...

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