Global markets are bracing for impact as trading resumes. Investors predict a "knee-jerk" reaction, with oil prices expected to spike due to fears of disrupted Middle East supplies. Brent crude, already up 20% over the past month to $79.04, could climb toward $130 per barrel in a worst-case scenario, according to JPMorgan.
Iran launched a missile attack on the Al Udeid Air Base in Qatar as retaliation for U.S. strikes on its nuclear facilities, but no casualties were reported. Qatar's air defenses successfully intercepted the missiles during the attack. The Al Udeid Air Base in Qatar is approximately 600 kilometers (about 370 miles) from the Gulf of Hormuz. The Gulf of Hormuz is a strategically important waterway located between Oman and Iran, and it serves as a critical passage for oil shipments from the Persian Gulf.
Trump wants chaos. The "Signalgate" controversy revealed detailed information about U.S. military attacks targeting the Houthi rebels in Yemen. The Houthis, formally known as Ansar Allah (Supporters of God), are a Zaydi Shia rebel group that controls much of northern Yemen, including the capital, Sanaa. Their relationship with Iran is complex, involving ideological alignment, military support, and strategic cooperation. The point I am making here is that the Script was written months ago. And the great Satan orange man gets his golf course on the Mediterranean Sea. Boys with murderous toys.