#YonhapInfomax #Iran #NavalBlockade #Hyperinflation #KevinHassett #JonesAct #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=118707
Its is no longer simply US taxpayers paying the price for #FarRght Extremist Fallacies From #WhiteHouse...
While #Europe is losing nearly €500 million a day due to rising fuel costs alone brought by the US created conflict in the #PersianGulf...Iran has walked away from negotiations while the US thinks its strategy will cause Iran's oil infrastructure to collapse due to lack of ability to store the excess #crude.
Across the globe the sudden oil shortage is pissing off US Allies, ranging from far eastern countries like #Thailand & #Bangladesh on to #EU president von der Leyen who told the #Hague last wk that in just 60 days of US driven conflict, “our bill for #fossilfuel imports has increased by over €27 billion, without a single molecule of additional energy”
On April 26, 2026 #DJT told #FoxNews #Sunday Briefing the goal of USA shutting down Iranian oil wells was to trigger production shutdowns of Iranian #oil and cause their pipelines to explode from pressure...
The US administration’s belief that their bullying blockade will simply destroy Iranian resolve and infrastructure, and trigger immediate economic collapse, #hyperinflation, and global shortages, has also been echoed by #NewYorkTimes, which recently repeated creepy claims from U.S. officials stating that Iran's oil wells “cannot be turned on and off, and they would be damaged if they are forced to shut down,” and arguing that these risks will force #Iran to the table to quickly “make a deal to avoid such long-term problems.”
The US President echoed this strategy last week on #Foxnews
“What happens is that line explodes from within. Both mechanically and in the earth, something happens where it just explodes, and they say they only have about three days left before that happens,” Drumpf said “And when it explodes, you can never rebuild it the way it is.”
Treasury Secretary Scott Bessent, went on #MelonHusk's X platform to claim “IRGC Leaders are trapped like drowning rats in a sewage pipe,” adding that “Iran’s creaking oil industry is starting to shut in production thanks to the U.S. BLOCKADE. Pumping will soon collapse. GASOLINE SHORTAGES IN IRAN NEXT!”
Iran simply disputes these assessments, saying they have far more capacity for oil and the western propaganda is always "trying to sow fear among the Iranian public"
“Iranian oil fields, wells, and pipelines aren’t going to explode from being shut down,” assures Robin Mills, of the Center on Global Energy Policy.
“It certainly is a major gamble from the Trump administration.” said Brett Erickson, a sanctions and geopolitics expert of strategic consultancy firm Obsidian Risk Advisors. “They better be holding all the cards as they say they are, otherwise Iran is going to beat us on the river card, and the entire world economy is going to pay the price.”
https://open.substack.com/pub/dropsitenews/p/trump-iran-oil-infrastructure-explode
This has got to have a bunch of the elites in banking, politics, and the rest of the corrupt moneyed establishment shaking in their boots, as they say.
In short: the USA has enjoyed a privileged position since the end of WWII, because the #US #dollar has been the de-facto standard international #currency. Not just for trade, but as a reserve as well. Other countries buy US-issued government #bonds by the absolute truckload, and it lets the US spend far above its income without triggering the #hyperinflation you see when another country does that by printing money (see: Zimbabwe).
The foundation of that international currency choice is the oil trade. Pretty much every oil transaction between parties in different countries uses US dollars, hence the "petrodollar' name.
#Chinese yuan becoming an alternate global reserve and trading currency has been a worry for the US for some years now. Oil transactions happening in #yuan could make it happen in a big way.
And then the dominoes might start falling. I'd say "popcorn time", but the collateral damage to the US #economy collapsing will have huge consequences for us all.
#GovernmentBonds #USBonds #ReserveCurrency #USFederalReserve #USPol #Iran
Goddamn #Russia is cooked. #Russian costs are rising much more than in the west, and as per usual the young (#GenZ) who have to sound the alarm.
#Putin has destroyed Russia. We're only waiting for #hyperinflation to hit, which will probably balkanise Russia - or usher in a totalitarian dystopia similar to North Korea.
Russians are not happy
https://www.youtube.com/watch?v=JUi7qa1yy8c

Aktuell erlebe ich meine deutschen #Mitbürger als fast sorgenfreies #Völkchen solange ihr #Verein gewinnt, alle fehlerfrei gendern, der #Kaffee mit #Hafermilch serviert wird und Nachbars #Rasen proper gemäht ist.
Mitunter frage ich mich aber, was sie nach #Kriegsausbruch oder angesichts einer #Hyperinflation veranstalten werden.
Vlt. #Noisecancellingheadset aufziehen?
Gee, when Erdoğan kept cutting interest rates—as Trump wants to do—the net was 80% inflation!
The end of Erdoğanomics? Turkey almost doubles interest rates to fight inflation
https://www.politico.eu/article/end-recep-tayyip-erdogan-economics-turkey-double-interest-rate-inflation/
#TrumpMustGo #Fed #JeromePowell #LisaCook #InterestRates #Hyperinflation #USPol
Cashless Iran
Gee, when Erdogan kept cutting interest rates—as Trump wants to do—the net was 80% inflation!
The end of Erdoğanomics? Turkey almost doubles interest rates to fight inflation
https://www.politico.eu/article/end-recep-tayyip-erdogan-economics-turkey-double-interest-rate-inflation/
#TrumpMustGo #Fed #JeromePowell #LisaCook #InterestRates #Hyperinflation #USPol