Asia’s oil shock nightmare has only just begun

TOKYO — As the US-Israeli war on Iran drags on indefinitely, Asia is realizing the extent to which 2026 is a major game-changer for a region that had been

IwPost

#Trump lied? Tell me it isn't so...

"Seth Meyers reacts to Trump saying he doesn't 'think about Americans’ financial situations'
"Trump's entire campaign was premised on improving Americans' financial situations, and now he's admitting he's not even thinking about it.""

#News #Politics #Nato #War #USA #Escalation #Europe #EU #Incompetence #Canada #INFLATION #Economy #Consumer #Finance #Poverty #Food #Democrats #Iran #OilShock

https://mashable.com/video/seth-meyers-donald-trump-americans-financial-situation

Seth Meyers reacts to Trump saying he doesn't 'think about Americans’ financial situations'

"Trump's entire campaign was premised on improving Americans' financial situations, and now he's admitting he's not even thinking about it."

Mashable

No problem our debt is only at $~40 Trillion with a sinking economy.

"Trump’s Golden Dome Will Cost $1.2 Trillion (With a T) ~ Congress has only allocated $24 billion so far."

#News #Politics #Nato #War #USA #Escalation #Europe #EU #Incompetence #Canada #INFLATION #Economy #Consumer #Finance #Poverty #Food #Democrats #Iran #OilShock #China #Russia #Military #Hegseth

https://gizmodo.com/trumps-golden-dome-will-cost-1-2-trillion-with-a-t-2000757773

Trump's Golden Dome Will Cost $1.2 Trillion (With a T)

Congress has only allocated $24 billion so far.

Gizmodo
Army cuts training as service is short billions of dollars 

The Army is grappling with a sudden budget crunch and scrambling to slash training costs across broad swaths of the force, officials said.

ABC News

#Loser - #Sucker

"How the Trump-Xi meeting became ‘the shrinking summit’ ~ President Donald Trump’s ambitions for his summit with Chinese leader Xi Jinping have shrunk from ‘grand bargain’ to a plea for help in reopening the Strait of Hormuz."

#News #Politics #Nato #War #USA #Escalation #Europe #EU #Incompetence #Canada #INFLATION #Economy #Consumer #Finance #Poverty #Food #Democrats #Iran #OilShock #China #Russia #Diplomacy

https://www.politico.com/news/2026/05/13/trump-summit-xi-trade-hormuz-00915983

How the Trump-Xi meeting became ‘the shrinking summit’

President Donald Trump’s ambitions for his summit with Chinese leader Xi Jinping have shrunk from ‘grand bargain’ to a plea for help in reopening the Strait of Hormuz.

Politico
Oil Price Charts | Oilprice.com

Oilprices from around the world.

OilPrice.com

#Diplomacy ??? Really?

"Pentagon considering renaming Iran war ‘ #Sledgehammer ’ if ceasefire collapses ~ A White House official tells NBC News says any new military combat operations against Iran would be conducted under a new name and operation."

#News #Politics #Nato #War #USA #Escalation #Europe #EU #Incompetence #Canada #INFLATION #Economy #Consumer #Finance #Poverty #Food #Democrats #Iran #OilShock #Cars

https://www.nbcnews.com/politics/national-security/pentagon-considering-re-naming-iran-war-sledgehammer-ceasefire-collaps-rcna344630

Pentagon considering renaming Iran war ‘Sledgehammer’ if ceasefire collapses

The U.S. military is considering officially re-naming the war with Iran to “Operation Sledgehammer” if the current ceasefire collapses

NBC News

How thoughtful...

"Trump says 'I don't think about Americans' financial situation' in Iran negotiations
President Donald Trump said Americans' financial situation was "not even a little bit" of a motivating factor for him reaching a deal to end the war in Iran."

#News #Politics #Nato #War #USA #Escalation #Europe #EU #Incompetence #Canada #INFLATION #Economy #Consumer #Finance #Poverty #Food #Democrats #Iran #OilShock #Cars

https://abcnews.com/video/132909439/

Video Trump says 'I don't think about Americans' financial situation' in Iran negotiations

President Donald Trump said Americans' financial situation was "not even a little bit" of a motivating factor for him reaching a deal to end the war in Iran.

ABC News
Germany news: Carmakers paint bleak picture on jobs

German automakers say there is a strong likelihood of huge job losses over the next decade. Meanwhile, Germany's football fans are wondering whether former national keeper Manuel Neuer is set to return. DW has more.

Deutsche Welle
Iran war: Oil stocks being used up at record pace, IEA warns

The International Energy Agency warned of "rapidly shrinking buffers." Meanwhile, Iranian Foreign Minister Araghchi is en route to Delhi for a BRICS gathering which is set to be dominated by the conflict. DW has more.

Deutsche Welle