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โก๏ธ Our operations in Iran are not proceeding as we had planned, and we need to reassess our war objectives.โก๏ธ We are facing serious difficulties in getting the Iranians out onto the streets.
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๐ซ๐ท Will not send warships now (only if fighting subsides).
๐ฆ๐บ Declined to participate / no plans to send ships.๐ฏ๐ต No plans to deploy vessels.๐ฌ๐ง Reviewing options with allies (no commitment).๐ฐ๐ท Reviewing the proposal.๐จ๐ณ No military involvement (focus on diplomacy).๐ฉ๐ช Explicitly refused / sceptical, rules out participation.๐ฎ๐น No national commitment; part of EU talks on possibly extending Aspides mission (no Hormuz decision).๐ฎ๐ณ Not joining; independent escorts + diplomacy with Iran.
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#BREAKING
โ๏ธ ๐ฎ๐ฑ โ ๐ฑ๐ง โ Israel's minister of defense Yisrael Kats announces the launch of a ground operation in southern Lebanon.
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Geopolitics Watch
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The three Iran-linked tankers Asphalt Star, Al Jafzia and Stellar Ruby were seized by Indian authorities for violating the US sanction and are currently anchored off Mumbai.
India currently has 22 tankers and 611 seafarers trapped in the Persian Gulf. 6 of the tankers were loaded with LPG which India desperately need, 90% of its consumption is imported from the Gulf.
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Iran pioneered the kamikaze drone technology and transferred it to Russia early in 2023 to support its war against Ukraine. Russia currently has the capacity to produce hundreds of Shahed drones a day.
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โก On Monday, the 9th of March, oil briefly skyrocketed to $120 a barrel before ending the day below $100, with many irregular, large transactions behind the violent move.
โก On Wednesday, the 11th of March, US Secretary of Energy Chris Wright falsely tweeted that the US successfully escorted an oil tanker through the strait of Hormuz. Oil price plunged over 10% as a reaction before recovering all the loss and trade higher on the day after the tweet was deleted.
โก On Monday, the 16th of March, President Trump claimed a coalition to lift the Hormuz blockade is being assembled, sending oil price down ~7% initially. This is despite several foreign governments rejecting participation in such a coalition.
With the midterm election coming up, the Trump administration and Congress Republicans are under tremendous pressure to manage the affordability crisis. Despite the alleged attempts of intervention, oil price is almost 50% higher today than it was before the war began.
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