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A Huge Windfall for Putin
From robinjbrooks.substack.com
In my post over the weekend, I flagged that Russia is by far the biggest winner from fighting in the Gulf. That’s because the closure of the Strait of Hormuz is flipping the global oil market from surplus to deficit in a very short period. As a result, Russian oil has gone from global pariah to now being extremely sought after, with the discount on Urals crude versus the global Brent benchmark almost disappearing. If this is allowed to persist, Russia will reap another 2022-style windfall. That windfall was so big that it - in one year - made up for all of Russia’s official FX reserves frozen by the West. The ... (full story)
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From @realDonaldTrump|Mar 12, 2026|34 comments
The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money. BUT, of far greater interest and importance to me, as President, is stoping an evil Empire, Iran, from having Nuclear Weapons, and destroying the Middle East and, indeed, the World. I won’t ever let that happen! Thank you for your attention to this matter. President DONALD J. TRUMP
From @zerohedge|Mar 12, 2026|26 comments*IRAN'S SUPREME LEADER MOJTABA KHAMENEI THANKS MILITARY *KHAMENEI URGES RECORD TURNOUT AT RALLIES IN IRAN *KHAMENEI: WE WON'T GIVE UP ON AVENGING ATTACK ON SCHOOL *KHAMENEI: STRAIT OF HORMUZ SHOULD STAY CLOSED *KHAMENEI: WE BELIEVE IN FRIENDSHIP WITH OUR NEIGHBORS *KHAMENEI: IRAN ONLY TARGETS BASES, AND WILL CONTINUE IRAN'S LEADER, MOJTABA KHAMENEI: ALL US BASES SHOULD IMMEDIATELY BE CLOSED IN THE REGION, AND THOSE BASES WILL BE ATTACKED ... IRAN’S KHAMENEI SAYS IRAN WILL SEEK COMPENSATION FROM ENEMIES OR DESTROY THEIR ASSETS ACCORDINGLY ... KHAMENEI: OTHER FRONTS WILL BE ACTIVATED IF WAR PERSISTS
From apnews.com|Mar 12, 2026While much of the world’s attention is on the Iran war, that hasn’t stopped China from moving ahead with national priorities with global repercussions. Not that China doesn’t care ...
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- Mar 12, 2026 7:50am Posted byFundamental Analysis172
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